Short Interest in Coastal Compass 100 ETF (NYSEARCA:ROPE) Increases By 130.1%

Coastal Compass 100 ETF (NYSEARCA:ROPE) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 619 shares, a growth of 130.1% from the July 15th total of 269 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 1,171 shares, the short-interest ratio is presently 0.5 days.

Coastal Compass 100 ETF Trading Down 0.1%

NYSEARCA ROPE traded down $0.04 on Friday, hitting $30.48. The company’s stock had a trading volume of 110 shares, compared to its average volume of 3,036. Coastal Compass 100 ETF has a 52-week low of $25.58 and a 52-week high of $31.01. The company’s 50-day simple moving average is $30.06 and its 200 day simple moving average is $29.23. The firm has a market cap of $9.45 million, a P/E ratio of 18.69 and a beta of 0.46.

About Coastal Compass 100 ETF

The Coastal Compass 100 ETF (ROPE) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of high quality, dividend-paying equity securities while aiming to provide downside protection using cash. It selects 25-50 large-cap stocks and employs a trend-following approach. ROPE was launched on Dec 17, 2024 and is issued by Coastal.