Range Global Coal Index ETF (NYSEARCA:COAL – Get Free Report) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 9,542 shares, a decrease of 35.9% from the September 15th total of 14,896 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 28,898 shares, the short-interest ratio is presently 0.3 days.
Hedge Funds Weigh In On Range Global Coal Index ETF
Hedge funds have recently modified their holdings of the business. The Manufacturers Life Insurance Company purchased a new position in shares of Range Global Coal Index ETF during the first quarter worth $650,000. Cetera Investment Advisers purchased a new stake in shares of Range Global Coal Index ETF in the 1st quarter valued at $577,000. Private Advisor Group LLC acquired a new position in Range Global Coal Index ETF during the 1st quarter worth about $435,000. Group One Trading LLC lifted its stake in Range Global Coal Index ETF by 1,807.9% during the 1st quarter. Group One Trading LLC now owns 15,282 shares of the company’s stock worth $419,000 after acquiring an additional 14,481 shares in the last quarter. Finally, Royal Bank of Canada acquired a new position in Range Global Coal Index ETF during the 1st quarter worth about $68,000.
Range Global Coal Index ETF Trading Up 1.0%
COAL stock traded up $0.24 during midday trading on Friday, hitting $24.54. 42,443 shares of the company’s stock were exchanged, compared to its average volume of 83,761. The business has a 50-day simple moving average of $25.73 and a two-hundred day simple moving average of $25.21. The stock has a market capitalization of $53.99 million, a PE ratio of 8.14 and a beta of 0.27. Range Global Coal Index ETF has a 1-year low of $20.53 and a 1-year high of $29.10.
Range Global Coal Index ETF Company Profile
The Range Global Coal Index ETF (COAL) is an exchange-traded fund that is based on the Range Global Coal index. The fund is designed to replicate the performance of a market-cap weighted index comprising global stocks primarily involved in the coal industry, including those engaged in coal production and logistics. COAL was launched on Jan 23, 2024 and is issued by Range.
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