Miller Value Partners Leverage ETF (NYSEARCA:MVPL) Sees Significant Growth in Short Interest

Miller Value Partners Leverage ETF (NYSEARCA:MVPL) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 323 shares, an increase of 267.0% from the September 30th total of 88 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,706 shares, the days-to-cover ratio is currently 0.1 days.

Miller Value Partners Leverage ETF Trading Up 0.5%

Shares of NYSEARCA MVPL traded up $0.20 during mid-day trading on Wednesday, hitting $44.48. 533 shares of the stock traded hands, compared to its average volume of 1,527. Miller Value Partners Leverage ETF has a twelve month low of $32.95 and a twelve month high of $45.78. The firm has a 50 day simple moving average of $44.20 and a two-hundred day simple moving average of $40.49.

Miller Value Partners Leverage ETF Company Profile

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.