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

Rareview Systematic Equity ETF (BATS:RSEE) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 3,694 shares, a decrease of 55.9% from the April 30th total of 8,377 shares. Based on an average daily trading volume, of 9,926 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the shares of the stock are short sold.

Rareview Systematic Equity ETF Trading Up 0.2%

Shares of Rareview Systematic Equity ETF stock opened at $39.67 on Friday. The stock has a 50 day moving average of $36.13 and a 200 day moving average of $35.23. Rareview Systematic Equity ETF has a 12 month low of $28.49 and a 12 month high of $39.78. The firm has a market cap of $71.41 million, a PE ratio of 21.27 and a beta of 0.69.

Hedge Funds Weigh In On Rareview Systematic Equity ETF

A hedge fund recently bought a new stake in Rareview Systematic Equity ETF stock. Bank of New York Mellon Corp acquired a new stake in shares of Rareview Systematic Equity ETF (BATS:RSEE) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 8,152 shares of the company’s stock, valued at approximately $266,000. Bank of New York Mellon Corp owned about 0.45% of Rareview Systematic Equity ETF as of its most recent SEC filing.

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.