Short Interest in Rareview Systematic Equity ETF (BATS:RSEE) Increases By 434.4%

Rareview Systematic Equity ETF (BATS:RSEE) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 12,799 shares, an increase of 434.4% from the May 31st total of 2,395 shares. Based on an average daily volume of 9,437 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.7% of the shares of the company are sold short.

Rareview Systematic Equity ETF Trading Down 0.3%

BATS RSEE opened at $38.56 on Friday. Rareview Systematic Equity ETF has a 1 year low of $29.92 and a 1 year high of $40.09. The company has a fifty day simple moving average of $38.33 and a 200 day simple moving average of $36.00. The company has a market cap of $69.41 million, a P/E ratio of 21.27 and a beta of 0.69.

Institutional Investors Weigh In On Rareview Systematic Equity ETF

An institutional investor recently raised its stake in Rareview Systematic Equity ETF stock. Janney Montgomery Scott LLC grew its holdings in Rareview Systematic Equity ETF (BATS:RSEE) by 34.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 57,854 shares of the company’s stock after purchasing an additional 14,698 shares during the quarter. Janney Montgomery Scott LLC owned about 3.21% of Rareview Systematic Equity ETF worth $1,889,000 as of its most recent filing with the SEC.

About Rareview Systematic Equity ETF

The Rareview Systematic Equity ETF (RSEE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that employs a long\u002Fshort systematic strategy to provide exposure to global equity markets. RSEE was launched on Jan 20, 2022 and is managed by Rareview Funds.