North Shore Equity Rotation ETF (NYSEARCA:KOOL) Sees Significant Increase in Short Interest

North Shore Equity Rotation ETF (NYSEARCA:KOOL) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 12,600 shares, an increase of 2,420.0% from the September 30th total of 500 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 11,800 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily volume of 11,800 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.3% of the shares of the company are sold short.

North Shore Equity Rotation ETF Stock Up 1.1%

NYSEARCA KOOL opened at $12.94 on Tuesday. The company has a market cap of $53.44 million, a PE ratio of -3.26 and a beta of 1.01. North Shore Equity Rotation ETF has a 52 week low of $8.95 and a 52 week high of $13.00. The firm’s 50-day simple moving average is $12.53 and its two-hundred day simple moving average is $11.70.

North Shore Equity Rotation ETF Company Profile

The North Shore Equity Rotation ETF (KOOL) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, aiming to outperform the S&P 500 index by investing globally in stocks of any market capitalization. Investments are adjusted towards sectors the funds adviser identifies as possessing the greatest performance potential.