Miller Value Partners Leverage ETF (NYSEARCA:MVPL) Short Interest Up 1,139.4% in May

Miller Value Partners Leverage ETF (NYSEARCA:MVPL) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 409 shares, a growth of 1,139.4% from the May 14th total of 33 shares. Based on an average trading volume of 154 shares, the short-interest ratio is presently 2.7 days. Currently, 0.1% of the shares of the company are short sold.

Miller Value Partners Leverage ETF Trading Down 0.7%

Shares of MVPL stock traded down $0.29 on Tuesday, hitting $41.28. The company’s stock had a trading volume of 1,096 shares, compared to its average volume of 404. The stock’s 50 day moving average is $39.58 and its 200-day moving average is $37.41. Miller Value Partners Leverage ETF has a fifty-two week low of $29.49 and a fifty-two week high of $43.95.

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.