Miller Value Partners Leverage ETF (NYSEARCA:MVPL) Short Interest Down 53.7% in July

Miller Value Partners Leverage ETF (NYSEARCA:MVPL) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 403 shares, a decline of 53.7% from the June 30th total of 871 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 376 shares, the short-interest ratio is presently 1.1 days.

Miller Value Partners Leverage ETF Stock Up 0.6%

Shares of NYSEARCA MVPL traded up $0.24 during midday trading on Tuesday, reaching $41.56. The company’s stock had a trading volume of 1,145 shares, compared to its average volume of 453. The company has a 50 day moving average price of $42.24 and a 200 day moving average price of $38.74. Miller Value Partners Leverage ETF has a one year low of $32.03 and a one year high of $43.95.

About Miller Value Partners Leverage ETF

The Miller Value Partners Leverage ETF (MVPL) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages exposure to the S&P 500 Index using leveraged and unleveraged positions based on a daily trading signal from the adviser’s proprietary model. MVPL was launched on Feb 28, 2024 and is issued by Miller.