Short Interest in PlanRock Alternative Growth ETF (NYSEARCA:PRAE) Declines By 69.9%

PlanRock Alternative Growth ETF (NYSEARCA:PRAE) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 71 shares, a decline of 69.9% from the April 30th total of 236 shares. Based on an average daily trading volume, of 81 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.0% of the company’s shares are short sold.

PlanRock Alternative Growth ETF Price Performance

Shares of NYSEARCA:PRAE opened at $40.74 on Friday. PlanRock Alternative Growth ETF has a one year low of $30.47 and a one year high of $40.81. The company has a 50 day moving average of $39.02 and a 200-day moving average of $38.32. The stock has a market cap of $11.41 million, a price-to-earnings ratio of 17.42 and a beta of 0.94.

About PlanRock Alternative Growth ETF

The PlanRock Alternative Growth ETF (PRAE) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is actively managed to toggle its investments across global growth markets according to a proprietary methodology. The fund holds equities and alternative investments such as commodities and currencies. PRAE was launched on Dec 19, 2023 and is issued by PlanRock.