Short Interest in Adaptive Core ETF (BATS:RULE) Expands By 186.2%

Adaptive Core ETF (BATS:RULE) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 4,124 shares, a growth of 186.2% from the July 30th total of 1,441 shares. Based on an average trading volume of 11,122 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.7% of the company’s shares are short sold.

Adaptive Core ETF Price Performance

BATS RULE opened at $30.19 on Thursday. The stock has a market capitalization of $17.36 million, a P/E ratio of 26.96 and a beta of 0.54. The business has a 50 day simple moving average of $30.97 and a 200 day simple moving average of $28.52. Adaptive Core ETF has a one year low of $21.46 and a one year high of $34.42.

Hedge Funds Weigh In On Adaptive Core ETF

An institutional investor recently bought a new position in Adaptive Core ETF stock. C M Bidwell & Associates Ltd. purchased a new position in shares of Adaptive Core ETF (BATS:RULE) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 21,172 shares of the company’s stock, valued at approximately $789,000. C M Bidwell & Associates Ltd. owned 3.68% of Adaptive Core ETF at the end of the most recent quarter.

About Adaptive Core ETF

The Adaptive Core ETF (RULE) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that invests in a wide array of securities of any asset class, market capitalization, geography, credit quality, and maturity. The fund seeks current income and long-term capital appreciation. RULE was launched on Nov 1, 2021 and is managed by Mohr Funds.