Short Interest in Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) Increases By 178,000.0%

Adaptive Alpha Opportunities ETF (NYSEARCA:AGOXGet Free Report) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 39,182 shares, a growth of 178,000.0% from the April 15th total of 22 shares. Based on an average daily trading volume, of 74,755 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Investors Weigh In On Adaptive Alpha Opportunities ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Captrust Financial Advisors raised its holdings in shares of Adaptive Alpha Opportunities ETF by 3.2% in the 4th quarter. Captrust Financial Advisors now owns 15,245 shares of the company’s stock valued at $435,000 after purchasing an additional 467 shares during the period. Janney Montgomery Scott LLC raised its holdings in Adaptive Alpha Opportunities ETF by 17.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 11,830 shares of the company’s stock valued at $338,000 after acquiring an additional 1,727 shares during the period. Finally, NewEdge Advisors LLC raised its holdings in Adaptive Alpha Opportunities ETF by 6.6% in the 3rd quarter. NewEdge Advisors LLC now owns 56,207 shares of the company’s stock valued at $1,725,000 after acquiring an additional 3,498 shares during the period.

Adaptive Alpha Opportunities ETF Price Performance

NYSEARCA:AGOX traded up $0.16 on Monday, hitting $34.16. 116,158 shares of the company’s stock were exchanged, compared to its average volume of 81,175. The firm has a 50-day moving average price of $29.06 and a 200-day moving average price of $29.61. Adaptive Alpha Opportunities ETF has a 52 week low of $25.65 and a 52 week high of $34.59. The company has a market cap of $388.40 million, a P/E ratio of 28.68 and a beta of 1.07.

Adaptive Alpha Opportunities ETF Company Profile

(Get Free Report)

The Adaptive Alpha Opportunities ETF (AGOX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed, multi-asset fund that tactically allocates for capital appreciation. AGOX was launched on Sep 20, 2012 and is managed by Adaptive.

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