Core Alternative ETF (NYSEARCA:CCOR) Short Interest Update

Core Alternative ETF (NYSEARCA:CCOR) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 3,377 shares, a decline of 42.4% from the May 31st total of 5,865 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 4,585 shares, the short-interest ratio is presently 0.7 days.

Core Alternative ETF Price Performance

Core Alternative ETF stock remained flat at $26.08 during midday trading on Friday. 8,608 shares of the company traded hands, compared to its average volume of 5,990. The company has a market capitalization of $27.64 million, a PE ratio of 22.20 and a beta of 0.13. Core Alternative ETF has a 1-year low of $25.00 and a 1-year high of $27.70. The stock’s 50-day simple moving average is $25.57 and its 200-day simple moving average is $26.25.

Institutional Trading of Core Alternative ETF

A hedge fund recently bought a new stake in Core Alternative ETF stock. Sound Income Strategies LLC bought a new stake in shares of Core Alternative ETF (NYSEARCA:CCOR) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 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 at the end of the most recent reporting period.

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.