Coastal Compass 100 ETF (NYSEARCA:ROPE) Stock Short Interest Report for September

Coastal Compass 100 ETF (NYSEARCA:ROPE) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 916 shares, a decline of 55.4% from the September 15th total of 2,052 shares. Based on an average daily volume of 2,938 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

Coastal Compass 100 ETF Trading Up 0.8%

Shares of Coastal Compass 100 ETF stock traded up $0.24 on Wednesday, hitting $29.77. The stock had a trading volume of 186 shares, compared to its average volume of 5,219. Coastal Compass 100 ETF has a 52-week low of $25.79 and a 52-week high of $31.01. The stock has a market cap of $23.52 million, a price-to-earnings ratio of 18.69 and a beta of 0.48. The company’s 50 day moving average price is $29.92 and its 200 day moving average price is $29.55.

Coastal Compass 100 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were paid a dividend of $0.0970 per share. The ex-dividend date was Monday, September 28th. This represents a $0.39 dividend on an annualized basis and a yield of 1.3%. This is a drop from Coastal Compass 100 ETF’s previous quarterly dividend of $0.1331.

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.