Coastal Compass 100 ETF (NYSEARCA:ROPE) Short Interest Update

Coastal Compass 100 ETF (NYSEARCA:ROPE) was the target of a significant decrease in short interest in February. As of February 27th, there was short interest totaling 2,455 shares, a decrease of 29.4% from the February 12th total of 3,476 shares. Approximately 1.0% of the shares of the company are short sold. Based on an average daily volume of 1,522 shares, the days-to-cover ratio is currently 1.6 days. Based on an average daily volume of 1,522 shares, the days-to-cover ratio is currently 1.6 days. Approximately 1.0% of the shares of the company are short sold.

Coastal Compass 100 ETF Stock Up 0.1%

ROPE traded up $0.04 during trading on Friday, reaching $28.10. 889 shares of the company’s stock were exchanged, compared to its average volume of 1,606. Coastal Compass 100 ETF has a fifty-two week low of $22.39 and a fifty-two week high of $29.83. The business has a 50 day moving average price of $28.59 and a 200 day moving average price of $27.18. The company has a market capitalization of $6.74 million, a P/E 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.