Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) Short Interest Update

Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 17,252 shares, a decline of 51.1% from the July 30th total of 35,286 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 68,877 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of Adaptive Alpha Opportunities ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. NewEdge Advisors LLC boosted its position in shares of Adaptive Alpha Opportunities ETF by 11.2% in the 4th quarter. NewEdge Advisors LLC now owns 62,519 shares of the company’s stock worth $1,786,000 after purchasing an additional 6,312 shares in the last quarter. Captrust Financial Advisors grew its stake in Adaptive Alpha Opportunities ETF by 3.2% during the 4th quarter. Captrust Financial Advisors now owns 15,245 shares of the company’s stock worth $435,000 after buying an additional 467 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its position in Adaptive Alpha Opportunities ETF by 17.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 11,830 shares of the company’s stock valued at $338,000 after buying an additional 1,727 shares in the last quarter.

Adaptive Alpha Opportunities ETF Stock Performance

NYSEARCA:AGOX traded down $0.32 during midday trading on Friday, reaching $33.73. 5,183 shares of the stock traded hands, compared to its average volume of 77,137. The stock has a market capitalization of $380.47 million, a PE ratio of 28.68 and a beta of 1.08. Adaptive Alpha Opportunities ETF has a 12-month low of $25.65 and a 12-month high of $35.80. The business has a 50-day moving average of $33.99 and a two-hundred day moving average of $31.98.

Adaptive Alpha Opportunities ETF Company Profile

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.