The Trenchless Fund (NYSEARCA:RVER) Short Interest Update

The Trenchless Fund (NYSEARCA:RVER) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 257 shares, a growth of 198.8% from the April 30th total of 86 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,739 shares, the short-interest ratio is currently 0.1 days.

The Trenchless Fund Stock Up 3.8%

NYSEARCA RVER traded up $1.29 during midday trading on Friday, hitting $34.87. The company had a trading volume of 4,067 shares, compared to its average volume of 16,138. The stock has a market cap of $143.32 million, a price-to-earnings ratio of 22.39 and a beta of 1.37. The firm has a fifty day simple moving average of $30.04 and a two-hundred day simple moving average of $30.67. The Trenchless Fund has a fifty-two week low of $26.34 and a fifty-two week high of $34.94.

About The Trenchless Fund

The Trenchless Fund ETF (RVER) is an exchange-traded fund that mostly invests in total market equity. The fund seeks capital appreciation through an actively managed portfolio of 12 to 30 US-listed stocks the adviser perceives to have an above-average probability of outperforming the S&P 500 Index. RVER was launched on Oct 3, 2023 and is issued by River1.