Rareview Systematic Equity ETF (BATS:RSEE) Shares Shorted: Short Interest Up 204.8% in October

Rareview Systematic Equity ETF (BATS:RSEE) saw a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 13,773 shares, a growth of 204.8% from the October 15th total of 4,518 shares. Based on an average trading volume of 29,871 shares, the short-interest ratio is presently 0.5 days. Currently, 0.7% of the company’s stock are sold short.

Institutional Trading of Rareview Systematic Equity ETF

A hedge fund recently raised its stake in Rareview Systematic Equity ETF stock. Farther Finance Advisors LLC grew its stake in Rareview Systematic Equity ETF (BATS:RSEE) by 691.7% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,254 shares of the company’s stock after purchasing an additional 2,843 shares during the quarter. Farther Finance Advisors LLC owned approximately 0.18% of Rareview Systematic Equity ETF worth $126,000 at the end of the most recent reporting period.

Rareview Systematic Equity ETF Stock Performance

Shares of BATS RSEE opened at $36.92 on Friday. Rareview Systematic Equity ETF has a fifty-two week low of $31.83 and a fifty-two week high of $40.38. The stock has a market cap of $71.99 million, a price-to-earnings ratio of 18.79 and a beta of 0.81. The firm’s 50-day simple moving average is $38.51 and its 200 day simple moving average is $37.55.

Rareview Systematic Equity ETF Company Profile

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.