Short Interest in Rareview Systematic Equity ETF (BATS:RSEE) Grows By 63.5%

Rareview Systematic Equity ETF (BATS:RSEE) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 12,232 shares, a growth of 63.5% from the July 15th total of 7,482 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average trading volume of 7,338 shares, the short-interest ratio is presently 1.7 days.

Hedge Funds Weigh In On Rareview Systematic Equity ETF

A hedge fund recently bought a new stake in Rareview Systematic Equity ETF stock. Bank of New York Mellon Corp purchased a new position in Rareview Systematic Equity ETF (BATS:RSEE) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 8,152 shares of the company’s stock, valued at approximately $266,000. Bank of New York Mellon Corp owned about 0.45% of Rareview Systematic Equity ETF at the end of the most recent reporting period.

Rareview Systematic Equity ETF Stock Down 0.2%

Shares of RSEE opened at $40.02 on Tuesday. The company’s fifty day moving average is $38.92 and its 200-day moving average is $37.06. Rareview Systematic Equity ETF has a 12 month low of $31.10 and a 12 month high of $40.38. The firm has a market cap of $72.04 million, a price-to-earnings ratio of 21.27 and a beta of 0.69.

Rareview Systematic Equity ETF Company Profile

The Rareview Systematic Equity ETF (RSEE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that employs a long\u002Fshort systematic strategy to provide exposure to global equity markets. RSEE was launched on Jan 20, 2022 and is managed by Rareview Funds.