Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) Shares Shorted: Short Interest Down 42.4% in September

Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 21,381 shares, a drop of 42.4% from the August 31st total of 37,130 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 34,515 shares, the days-to-cover ratio is presently 0.6 days.

Adaptive Alpha Opportunities ETF Trading Up 0.6%

Shares of NYSEARCA AGOX traded up $0.21 during trading hours on Friday, reaching $33.68. The stock had a trading volume of 3,963 shares, compared to its average volume of 71,836. Adaptive Alpha Opportunities ETF has a 52-week low of $25.65 and a 52-week high of $35.80. The firm has a market cap of $383.23 million, a price-to-earnings ratio of 28.68 and a beta of 1.08. The business’s fifty day moving average price is $33.67 and its two-hundred day moving average price is $32.74.

About Adaptive Alpha Opportunities ETF

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.