Core Alternative ETF (NYSEARCA:CCOR) Short Interest Down 56.1% in April

Core Alternative ETF (NYSEARCA:CCOR) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 14,078 shares, a decrease of 56.1% from the April 15th total of 32,097 shares. Based on an average daily trading volume, of 8,648 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.3% of the company’s stock are short sold.

Core Alternative ETF Stock Performance

Shares of NYSEARCA:CCOR remained flat at $25.49 during trading on Friday. 16,974 shares of the stock were exchanged, compared to its average volume of 6,851. The firm’s 50-day moving average price is $26.02 and its 200-day moving average price is $26.40. Core Alternative ETF has a 1 year low of $25.36 and a 1 year high of $27.70. The company has a market capitalization of $27.02 million, a PE ratio of 22.20 and a beta of 0.14.

Institutional Investors Weigh In On Core Alternative ETF

An institutional investor recently bought a new position in Core Alternative ETF stock. Sound Income Strategies LLC purchased a new stake in shares of Core Alternative ETF (NYSEARCA:CCOR) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 1,722 shares of the company’s stock, valued at approximately $46,000. Sound Income Strategies LLC owned about 0.12% of Core Alternative ETF as of its most recent SEC filing.

Core Alternative ETF Company Profile

The Core Alternative ETF (CCOR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that seeks capital appreciation and preservation with low correlation to the broad US equity market. The fund primarily holds dividend-paying large-cap stocks with an option collar overlay. CCOR was launched on May 24, 2017 and is managed by Core Alternative.