Rareview Systematic Equity ETF (BATS:RSEE) Stock Short Interest Climbs 204.8%

Rareview Systematic Equity ETF (BATS:RSEE) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 13,773 shares, a growth of 204.8% from the October 15th total of 4,518 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average trading volume of 29,871 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of Rareview Systematic Equity ETF

An institutional investor recently raised its stake in Rareview Systematic Equity ETF stock. Farther Finance Advisors LLC increased its position in shares of Rareview Systematic Equity ETF (BATS:RSEE) by 691.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,254 shares of the company’s stock after buying an additional 2,843 shares during the period. Farther Finance Advisors LLC owned about 0.18% of Rareview Systematic Equity ETF worth $126,000 at the end of the most recent reporting period.

Rareview Systematic Equity ETF Stock Performance

Shares of BATS RSEE opened at $36.88 on Friday. The business has a 50-day simple moving average of $38.45 and a two-hundred day simple moving average of $37.55. The company has a market cap of $71.92 million, a PE ratio of 18.79 and a beta of 0.81. Rareview Systematic Equity ETF has a fifty-two week low of $31.83 and a fifty-two week high of $40.38.

Rareview Systematic Equity ETF Company Profile

The Rareview Systematic Equity ETF (RSEE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that employs a long\u002Fshort systematic strategy to provide exposure to global equity markets. RSEE was launched on Jan 20, 2022 and is managed by Rareview Funds.