Rareview Systematic Equity ETF (BATS:RSEE) Short Interest Update

Rareview Systematic Equity ETF (BATS:RSEE) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 32,733 shares, a growth of 167.6% from the July 30th total of 12,232 shares. Based on an average daily volume of 8,094 shares, the short-interest ratio is presently 4.0 days. Currently, 1.8% of the company’s stock are short sold.

Rareview Systematic Equity ETF Stock Down 0.6%

Shares of RSEE stock opened at $39.51 on Friday. The company’s fifty day simple moving average is $39.00 and its 200-day simple moving average is $37.29. Rareview Systematic Equity ETF has a 12 month low of $31.10 and a 12 month high of $40.38. The firm has a market cap of $71.12 million, a PE ratio of 21.27 and a beta of 0.69.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Rareview Systematic Equity ETF stock. Bank of New York Mellon Corp acquired a new stake in Rareview Systematic Equity ETF (BATS:RSEE) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 8,152 shares of the company’s stock, valued at approximately $266,000. Bank of New York Mellon Corp owned 0.45% of Rareview Systematic Equity ETF as of its most recent filing with the Securities & Exchange Commission.

About Rareview Systematic Equity ETF

The Rareview Systematic Equity ETF (RSEE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that employs a long\u002Fshort systematic strategy to provide exposure to global equity markets. RSEE was launched on Jan 20, 2022 and is managed by Rareview Funds.