Draco Evolution AI ETF (NYSEARCA:DRAI) Short Interest Update

Draco Evolution AI ETF (NYSEARCA:DRAI) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 127 shares, a drop of 74.2% from the May 31st total of 493 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 3,350 shares, the short-interest ratio is currently 0.0 days.

Draco Evolution AI ETF Trading Up 1.3%

Shares of DRAI traded up $0.43 during mid-day trading on Monday, reaching $34.07. The company had a trading volume of 1,386 shares, compared to its average volume of 4,146. Draco Evolution AI ETF has a fifty-two week low of $27.34 and a fifty-two week high of $36.03. The firm has a fifty day simple moving average of $34.39 and a 200-day simple moving average of $31.68. The stock has a market cap of $21.80 million, a price-to-earnings ratio of 28.62 and a beta of 1.09.

Draco Evolution AI ETF Company Profile

The Draco Evolution AI ETF (DRAI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed, fund-of-funds, investing in diverse asset classes such as US equities, gold, bonds, and currencies. The portfolio may include inverse and leveraged exposure DRAI was launched on Jul 10, 2024 and is issued by Draco.