Adaptive Core ETF (BATS:RULE) Short Interest Down 45.2% in July

Adaptive Core ETF (BATS:RULE) saw a large decrease in short interest in July. As of July 31st, there was short interest totaling 1,441 shares, a decrease of 45.2% from the July 15th total of 2,630 shares. Based on an average trading volume of 2,106 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the company’s stock are sold short.

Adaptive Core ETF Stock Down 2.5%

Shares of Adaptive Core ETF stock opened at $30.45 on Wednesday. The firm’s 50 day moving average price is $31.23 and its 200-day moving average price is $28.32. Adaptive Core ETF has a 52-week low of $21.46 and a 52-week high of $34.42. The company has a market cap of $17.51 million, a P/E ratio of 26.96 and a beta of 0.54.

Hedge Funds Weigh In On Adaptive Core ETF

A hedge fund recently bought a new stake in Adaptive Core ETF stock. C M Bidwell & Associates Ltd. acquired a new stake in shares of Adaptive Core ETF (BATS:RULE) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 21,172 shares of the company’s stock, valued at approximately $789,000. C M Bidwell & Associates Ltd. owned 3.68% of Adaptive Core ETF at the end of the most recent quarter.

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.