The Trenchless Fund (NYSEARCA:RVER) Short Interest Update

The Trenchless Fund (NYSEARCA:RVERGet Free Report) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 8,740 shares, an increase of 117.8% from the August 15th total of 4,013 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 4,168 shares, the days-to-cover ratio is currently 2.1 days.

The Trenchless Fund Stock Performance

RVER traded down $0.68 on Monday, hitting $36.66. 901 shares of the company were exchanged, compared to its average volume of 12,257. The Trenchless Fund has a 12 month low of $26.34 and a 12 month high of $39.45. The company has a market cap of $146.64 million, a PE ratio of 22.39 and a beta of 1.49. The stock’s fifty day moving average is $35.48 and its 200-day moving average is $32.75.

About The Trenchless Fund

(Get Free Report)

The Trenchless Fund ETF (RVER) is an exchange-traded fund that mostly invests in total market equity. The fund seeks capital appreciation through an actively managed portfolio of 12 to 30 US-listed stocks the adviser perceives to have an above-average probability of outperforming the S&P 500 Index. RVER was launched on Oct 3, 2023 and is issued by River1.

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