Adaptive Core ETF (BATS:RULE) Sees Significant Increase in Short Interest

Adaptive Core ETF (BATS:RULE) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 2,630 shares, an increase of 144.2% from the June 30th total of 1,077 shares. Based on an average daily trading volume, of 1,119 shares, the days-to-cover ratio is currently 2.4 days. Currently, 0.5% of the company’s shares are short sold.

Adaptive Core ETF Price Performance

Adaptive Core ETF stock opened at $29.51 on Tuesday. The firm’s 50 day simple moving average is $31.64 and its 200-day simple moving average is $27.72. The company has a market cap of $16.97 million, a P/E ratio of 26.96 and a beta of 0.54. Adaptive Core ETF has a fifty-two week low of $21.46 and a fifty-two week high of $34.42.

About Adaptive Core ETF

The Adaptive Core ETF (RULE) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that invests in a wide array of securities of any asset class, market capitalization, geography, credit quality, and maturity. The fund seeks current income and long-term capital appreciation. RULE was launched on Nov 1, 2021 and is managed by Mohr Funds.