Miller Value Partners Leverage ETF (NYSEARCA:MVPL) Stock Short Interest Declines 95.4%

Miller Value Partners Leverage ETF (NYSEARCA:MVPL) saw a large decrease in short interest in September. As of September 30th, there was short interest totaling 88 shares, a decrease of 95.4% from the September 15th total of 1,923 shares. Based on an average daily trading volume, of 2,639 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Miller Value Partners Leverage ETF Price Performance

Shares of NYSEARCA:MVPL traded up $0.52 during midday trading on Friday, reaching $45.40. 10,900 shares of the company’s stock were exchanged, compared to its average volume of 1,512. The company’s 50 day simple moving average is $44.34 and its two-hundred day simple moving average is $41.74. Miller Value Partners Leverage ETF has a 12 month low of $32.95 and a 12 month high of $45.78.

About Miller Value Partners Leverage ETF

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.