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

Coastal Compass 100 ETF (NYSEARCA:ROPE) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 3,476 shares, a growth of 1,691.8% from the January 29th total of 194 shares. Based on an average trading volume of 1,988 shares, the short-interest ratio is presently 1.7 days. Approximately 1.4% of the company’s shares are short sold. Approximately 1.4% of the company’s shares are short sold. Based on an average trading volume of 1,988 shares, the short-interest ratio is presently 1.7 days.

Coastal Compass 100 ETF Stock Up 0.4%

Shares of ROPE stock traded up $0.11 during mid-day trading on Wednesday, reaching $29.24. The company’s stock had a trading volume of 2,485 shares, compared to its average volume of 1,832. The company’s 50 day simple moving average is $28.20 and its 200-day simple moving average is $26.95. Coastal Compass 100 ETF has a 12-month low of $22.39 and a 12-month high of $29.83. The firm has a market capitalization of $7.02 million, a PE ratio of 18.69 and a beta of 0.84.

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.