Draco Evolution AI ETF (DRAI) Stock Price, News & Analysis
Company Description
Draco Evolution AI ETF (DRAI) is a NYSE-listed exchange-traded fund associated with an AI-oriented quantitative investment strategy. The fund is identified in company materials as the Draco AI ETF and is connected to Draco Evolution, an investment firm that applies institutional-grade quantitative strategies to public-market investing.
The fund operates through a service-provider structure common to exchange-traded funds. Empowered Funds, LLC, doing business as ETF Architect, serves as investment adviser. Draco Evolution Corp. serves as sub-adviser to the fund, and PINE Distributors LLC distributes the fund. PINE Distributors is not affiliated with ETF Architect or Draco Evolution Corp.
DRAI's public profile centers on the use of artificial intelligence and quantitative methods in an ETF format. Related company updates also reference Dravo, a retail investing app developed by Draco Evolution to extend its AI-driven investing capabilities beyond the listed fund structure.
Stock Performance
Draco Evolution AI ETF (DRAI) last closed at $33.15. Over the past 12 months, DRAI has gained 15.4%.
Latest News
Draco Evolution AI ETF has 1 recent news article. Of the recent coverage, 0 articles coincided with positive price movement and 1 with negative movement. Key topics include AI. View all DRAI news →
SEC Filings
Financial Highlights
Upcoming Events
Short Interest History
Short interest in Draco Evolution AI ETF (DRAI) currently stands at 463 shares, up 10.2% from the previous reporting period, representing 0.1% of the shares outstanding. Since August 2025, short interest has increased by 1057.5%.
Days to Cover History
Days to cover for Draco Evolution AI ETF (DRAI) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The ratio has shown significant volatility over the period, ranging from 1.0 to 1.7 days.