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

Coastal Compass 100 ETF (NYSEARCA:ROPE) was the recipient of a large decrease in short interest in January. As of January 15th, there was short interest totaling 271 shares, a decrease of 89.0% from the December 31st total of 2,468 shares. Based on an average daily trading volume, of 3,025 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 3,025 shares, the days-to-cover ratio is currently 0.1 days.

Coastal Compass 100 ETF Stock Down 0.5%

Shares of Coastal Compass 100 ETF stock traded down $0.15 during trading on Wednesday, reaching $27.84. The company’s stock had a trading volume of 794 shares, compared to its average volume of 2,005. The business’s 50-day moving average price is $27.23 and its 200-day moving average price is $26.44. Coastal Compass 100 ETF has a 52 week low of $22.39 and a 52 week high of $28.15. The firm has a market cap of $6.68 million, a PE ratio of 18.69 and a beta of 0.84.

About Coastal Compass 100 ETF

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.