Core Alternative ETF (NYSEARCA:CCOR) Short Interest Down 42.4% in June

Core Alternative ETF (NYSEARCA:CCOR) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 3,377 shares, a decline of 42.4% from the May 31st total of 5,865 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 4,585 shares, the days-to-cover ratio is currently 0.7 days.

Core Alternative ETF Price Performance

Shares of NYSEARCA:CCOR traded up $0.21 during midday trading on Wednesday, reaching $25.54. The company’s stock had a trading volume of 2,244 shares, compared to its average volume of 5,970. Core Alternative ETF has a fifty-two week low of $25.00 and a fifty-two week high of $27.70. The company has a market capitalization of $27.07 million, a P/E ratio of 22.20 and a beta of 0.13. The business’s fifty day simple moving average is $25.57 and its 200-day simple moving average is $26.26.

Hedge Funds Weigh In On Core Alternative ETF

A hedge fund recently bought a new stake in Core Alternative ETF stock. Flagship Harbor Advisors LLC purchased a new stake in shares of Core Alternative ETF (NYSEARCA:CCOR) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,907 shares of the company’s stock, valued at approximately $155,000. Flagship Harbor Advisors LLC owned about 0.42% of Core Alternative ETF at the end of the most recent reporting period.

Core Alternative ETF Company Profile

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.