Aptus Collared Investment Opportunity ETF (BATS:ACIO) Short Interest Down 54.9% in July

Aptus Collared Investment Opportunity ETF (BATS:ACIO) saw a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 63,195 shares, a decline of 54.9% from the July 15th total of 139,988 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 148,519 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On Aptus Collared Investment Opportunity ETF

Institutional investors have recently added to or reduced their stakes in the stock. Advisors Preferred LLC raised its stake in Aptus Collared Investment Opportunity ETF by 1,078.5% during the 1st quarter. Advisors Preferred LLC now owns 1,532 shares of the company’s stock valued at $64,000 after acquiring an additional 1,402 shares during the last quarter. Compass Financial Management LLC purchased a new stake in shares of Aptus Collared Investment Opportunity ETF during the second quarter worth approximately $74,000. JPMorgan Chase & Co. increased its position in Aptus Collared Investment Opportunity ETF by 110.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,457 shares of the company’s stock worth $150,000 after purchasing an additional 1,814 shares during the period. Confluence Wealth Services Inc. purchased a new stake in shares of Aptus Collared Investment Opportunity ETF in the fourth quarter valued at approximately $244,000. Finally, Parallel Advisors LLC grew its holdings in Aptus Collared Investment Opportunity ETF by 670.2% during the third quarter. Parallel Advisors LLC now owns 6,416 shares of the company’s stock worth $279,000 after acquiring an additional 5,583 shares during the period.

Aptus Collared Investment Opportunity ETF Stock Performance

Shares of BATS:ACIO opened at $47.58 on Friday. The company has a 50-day simple moving average of $46.32 and a 200-day simple moving average of $44.94. Aptus Collared Investment Opportunity ETF has a one year low of $41.13 and a one year high of $47.75. The stock has a market capitalization of $2.24 billion, a price-to-earnings ratio of 25.77 and a beta of 0.65.

About Aptus Collared Investment Opportunity ETF

The Aptus Collared Income Opportunity ETF (ACIO) is an exchange-traded fund that is based on the NYSE Multi-Asset High Income index. The fund is an actively-managed portfolio of US large cap equities as well as corresponding options collars for those constituents. ACIO was launched on Jul 10, 2019 and is managed by Aptus.