Draco Evolution AI ETF (NYSEARCA:DRAI) Stock Short Interest Report for October

Draco Evolution AI ETF (NYSEARCA:DRAI) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 37 shares, a growth of 1,750.0% from the September 30th total of 2 shares. Based on an average trading volume of 4,094 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Draco Evolution AI ETF Price Performance

NYSEARCA DRAI opened at $32.49 on Tuesday. Draco Evolution AI ETF has a 52-week low of $27.45 and a 52-week high of $36.03. The company has a 50 day simple moving average of $33.01 and a 200-day simple moving average of $32.40. The firm has a market capitalization of $21.12 million, a price-to-earnings ratio of 28.62 and a beta of 1.11.

Draco Evolution AI ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were issued a dividend of $0.1169 per share. This represents a $0.47 annualized dividend and a yield of 1.4%. This is a drop from Draco Evolution AI ETF’s previous quarterly dividend of $0.1381. The ex-dividend date was Monday, September 28th.

About Draco Evolution AI ETF

The Draco Evolution AI ETF (DRAI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed, fund-of-funds, investing in diverse asset classes such as US equities, gold, bonds, and currencies. The portfolio may include inverse and leveraged exposure DRAI was launched on Jul 10, 2024 and is issued by Draco.