Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) Sees Significant Drop in Short Interest

Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) was the target of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 164 shares, a decline of 90.5% from the October 15th total of 1,733 shares. Based on an average daily trading volume, of 1,544 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Clockwise Core Equity & Innovation ETF Price Performance

Shares of NYSEARCA:TIME traded up $0.30 during trading on Wednesday, reaching $26.43. 310 shares of the company’s stock traded hands, compared to its average volume of 3,063. The stock has a market capitalization of $15.07 million, a P/E ratio of -881.03 and a beta of 1.21. Clockwise Core Equity & Innovation ETF has a 12 month low of $22.31 and a 12 month high of $28.27. The company has a 50 day moving average of $27.34 and a 200-day moving average of $26.01.

About Clockwise Core Equity & Innovation ETF

The Clockwise Capital Innovation ETF (TIME) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed and aims to invest in domestic companies that best utilize 5G internet and cloud-based products and services. TIME was launched on Jan 27, 2022 and is managed by Clockwise Capital.