Coastal Compass 100 ETF (NYSEARCA:ROPE) Sees Large Growth in Short Interest

Coastal Compass 100 ETF (NYSEARCA:ROPE) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 2,468 shares, an increase of 518.5% from the December 15th total of 399 shares. Based on an average daily trading volume, of 1,423 shares, the short-interest ratio is currently 1.7 days. Approximately 1.1% of the company’s stock are sold short. Approximately 1.1% of the company’s stock are sold short. Based on an average daily trading volume, of 1,423 shares, the short-interest ratio is currently 1.7 days.

Coastal Compass 100 ETF Stock Down 0.1%

Shares of NYSEARCA:ROPE traded down $0.02 during midday trading on Monday, reaching $27.79. The company’s stock had a trading volume of 886 shares, compared to its average volume of 3,927. The firm has a 50 day moving average of $26.82 and a 200-day moving average of $26.28. The firm has a market capitalization of $6.39 million, a P/E ratio of 18.69 and a beta of 0.84. Coastal Compass 100 ETF has a 12-month low of $22.39 and a 12-month high of $27.89.

Coastal Compass 100 ETF Company Profile

The Coastal Compass 100 ETF (ROPE) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of high quality, dividend-paying equity securities while aiming to provide downside protection using cash. It selects 25-50 large-cap stocks and employs a trend-following approach. ROPE was launched on Dec 17, 2024 and is issued by Coastal.