The Trenchless Fund (NYSEARCA:RVER) Stock Short Interest Declines 77.7%

The Trenchless Fund (NYSEARCA:RVER – Get Free Report) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 1,210 shares, a decline of 77.7% from the September 15th total of 5,417 shares. Based on an average daily volume of 25,728 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

The Trenchless Fund Stock Down 1.4%

The Trenchless Fund stock traded down $0.54 during mid-day trading on Monday, reaching $36.93. 568 shares of the company’s stock traded hands, compared to its average volume of 12,620. The company has a market cap of $142.55 million, a price-to-earnings ratio of 22.39 and a beta of 1.47. The stock has a 50 day moving average of $36.65 and a two-hundred day moving average of $33.84. The Trenchless Fund has a 12-month low of $26.34 and a 12-month high of $39.45.

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The Trenchless Fund Company Profile

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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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