Draco Evolution AI ETF (NYSEARCA:DRAI) Shares Shorted: Short Interest Down 96.4% in September

Draco Evolution AI ETF (NYSEARCA:DRAI) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 3 shares, a decrease of 96.4% from the August 31st total of 83 shares. Based on an average daily volume of 954 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Draco Evolution AI ETF Stock Down 0.2%

DRAI stock traded down $0.05 during midday trading on Thursday, reaching $33.12. The company’s stock had a trading volume of 70 shares, compared to its average volume of 3,113. Draco Evolution AI ETF has a 52 week low of $27.45 and a 52 week high of $36.03. The stock has a market cap of $20.87 million, a PE ratio of 28.62 and a beta of 1.11. The business’s 50-day simple moving average is $33.33 and its 200-day simple moving average is $33.01.

Draco Evolution AI ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were given a $0.1381 dividend. The ex-dividend date was Monday, June 29th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 1.7%. This is a positive change from Draco Evolution AI ETF’s previous quarterly dividend of $0.0174.

Draco Evolution AI ETF Company Profile

The Draco Evolution AI ETF (DRAI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed, fund-of-funds, investing in diverse asset classes such as US equities, gold, bonds, and currencies. The portfolio may include inverse and leveraged exposure DRAI was launched on Jul 10, 2024 and is issued by Draco.