Miller Value Partners Leverage ETF (NYSEARCA:MVPL) Stock Short Interest Report for October

Miller Value Partners Leverage ETF (NYSEARCA:MVPL) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 12,734 shares, a growth of 3,842.4% from the October 15th total of 323 shares. Based on an average daily trading volume, of 4,698 shares, the short-interest ratio is presently 2.7 days. Currently, 1.7% of the company’s shares are short sold.

Miller Value Partners Leverage ETF Stock Down 0.4%

NYSEARCA:MVPL traded down $0.17 during mid-day trading on Tuesday, hitting $40.92. 461 shares of the stock traded hands, compared to its average volume of 2,037. Miller Value Partners Leverage ETF has a 52 week low of $32.95 and a 52 week high of $45.78. The stock has a market capitalization of $29.87 million, a price-to-earnings ratio of 25.49 and a beta of 1.77. The firm’s 50 day moving average is $43.79 and its two-hundred day moving average is $40.75.

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.