Adaptive Core ETF (BATS:RULE) Sees Large Growth in Short Interest

Adaptive Core ETF (BATS:RULE) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 7,287 shares, an increase of 76.7% from the August 15th total of 4,124 shares. Currently, 1.3% of the shares of the stock are sold short. Based on an average daily volume of 1,923 shares, the short-interest ratio is presently 3.8 days.

Adaptive Core ETF Stock Performance

BATS RULE opened at $29.71 on Wednesday. The firm’s fifty day moving average price is $30.16 and its two-hundred day moving average price is $28.96. The stock has a market cap of $17.08 million, a PE ratio of 26.96 and a beta of 0.54. Adaptive Core ETF has a fifty-two week low of $21.46 and a fifty-two week high of $34.42.

Adaptive Core ETF Company Profile

The Adaptive Core ETF (RULE) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that invests in a wide array of securities of any asset class, market capitalization, geography, credit quality, and maturity. The fund seeks current income and long-term capital appreciation. RULE was launched on Nov 1, 2021 and is managed by Mohr Funds.