Core Alternative ETF (NYSEARCA:CCOR) Short Interest Update

Core Alternative ETF (NYSEARCA:CCOR) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 5,865 shares, a decline of 56.8% from the May 14th total of 13,588 shares. Based on an average trading volume of 3,028 shares, the short-interest ratio is currently 1.9 days. Currently, 0.6% of the shares of the stock are short sold.

Core Alternative ETF Trading Down 0.5%

Shares of NYSEARCA CCOR opened at $25.62 on Friday. The company has a market cap of $27.16 million, a price-to-earnings ratio of 22.20 and a beta of 0.13. Core Alternative ETF has a 12 month low of $25.02 and a 12 month high of $27.70. The stock has a 50-day moving average price of $25.74 and a two-hundred day moving average price of $26.36.

Hedge Funds Weigh In On Core Alternative ETF

An institutional investor recently bought a new position in Core Alternative ETF stock. Sound Income Strategies LLC acquired a new stake in Core Alternative ETF (NYSEARCA:CCOR) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 1,722 shares of the company’s stock, valued at approximately $46,000. Sound Income Strategies LLC owned about 0.12% of Core Alternative ETF at the end of the most recent reporting period.

About Core Alternative ETF

The Core Alternative ETF (CCOR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that seeks capital appreciation and preservation with low correlation to the broad US equity market. The fund primarily holds dividend-paying large-cap stocks with an option collar overlay. CCOR was launched on May 24, 2017 and is managed by Core Alternative.