Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) Sees Significant Decline in Short Interest

Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) was the target of a large drop in short interest in October. As of October 15th, there was short interest totaling 1,733 shares, a drop of 49.2% from the September 30th total of 3,409 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,083 shares, the days-to-cover ratio is presently 1.6 days.

Clockwise Core Equity & Innovation ETF Price Performance

Shares of Clockwise Core Equity & Innovation ETF stock traded down $0.60 during trading hours on Friday, reaching $26.72. The company’s stock had a trading volume of 32 shares, compared to its average volume of 3,046. The stock has a market cap of $15.23 million, a P/E ratio of -890.67 and a beta of 1.21. Clockwise Core Equity & Innovation ETF has a one year low of $22.31 and a one year high of $28.27. The firm has a 50 day moving average price of $27.42 and a 200-day moving average price of $25.97.

Clockwise Core Equity & Innovation ETF Company Profile

The Clockwise Capital Innovation ETF (TIME) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed and aims to invest in domestic companies that best utilize 5G internet and cloud-based products and services. TIME was launched on Jan 27, 2022 and is managed by Clockwise Capital.