Draco Evolution AI ETF (NYSEARCA:DRAI) Short Interest Update

Draco Evolution AI ETF (NYSEARCA:DRAI) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 127 shares, a drop of 74.2% from the May 31st total of 493 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 3,350 shares, the days-to-cover ratio is currently 0.0 days.

Draco Evolution AI ETF Stock Performance

DRAI opened at $33.64 on Friday. The firm’s 50-day simple moving average is $34.34 and its 200-day simple moving average is $31.65. Draco Evolution AI ETF has a twelve month low of $27.34 and a twelve month high of $36.03. The firm has a market cap of $21.53 million, a price-to-earnings ratio of 28.62 and a beta of 1.09.

Draco Evolution AI ETF Company Profile

The Draco Evolution AI ETF (DRAI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed, fund-of-funds, investing in diverse asset classes such as US equities, gold, bonds, and currencies. The portfolio may include inverse and leveraged exposure DRAI was launched on Jul 10, 2024 and is issued by Draco.