The Trenchless Fund (NYSEARCA:RVER) Stock Short Interest Report for October

The Trenchless Fund (NYSEARCA:RVER) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 5,611 shares, a growth of 426.9% from the October 15th total of 1,065 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 3,979 shares, the days-to-cover ratio is presently 1.4 days.

The Trenchless Fund Stock Performance

The Trenchless Fund stock traded down $0.67 during trading hours on Thursday, reaching $33.25. 16,715 shares of the stock were exchanged, compared to its average volume of 11,753. The stock has a market cap of $128.34 million, a P/E ratio of 27.11 and a beta of 1.52. The Trenchless Fund has a 52-week low of $26.34 and a 52-week high of $39.45. The firm’s 50 day moving average is $35.45 and its 200 day moving average is $33.00.

About The Trenchless Fund

The Trenchless Fund ETF (RVER) is an exchange-traded fund that mostly invests in total market equity. The fund seeks capital appreciation through an actively managed portfolio of 12 to 30 US-listed stocks the adviser perceives to have an above-average probability of outperforming the S&P 500 Index. RVER was launched on Oct 3, 2023 and is issued by River1.