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

Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) was the recipient of a significant drop in short interest during the month of April. As of April 15th, there was short interest totaling 22 shares, a drop of 100.0% from the March 31st total of 46,290 shares. Based on an average daily volume of 93,088 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Adaptive Alpha Opportunities ETF Trading Down 0.4%

NYSEARCA AGOX traded down $0.14 on Friday, reaching $32.39. 96,974 shares of the company were exchanged, compared to its average volume of 80,430. The business’s fifty day moving average price is $28.67 and its 200 day moving average price is $29.56. The stock has a market capitalization of $368.27 million, a P/E ratio of 28.68 and a beta of 0.99. Adaptive Alpha Opportunities ETF has a fifty-two week low of $25.28 and a fifty-two week high of $32.95.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of AGOX. NewEdge Advisors LLC boosted its position in shares of Adaptive Alpha Opportunities ETF by 95.8% during the 1st quarter. NewEdge Advisors LLC now owns 44,090 shares of the company’s stock valued at $1,079,000 after acquiring an additional 21,572 shares during the last quarter. Janney Montgomery Scott LLC increased its position in Adaptive Alpha Opportunities ETF by 17.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 11,830 shares of the company’s stock worth $338,000 after purchasing an additional 1,727 shares during the last quarter. Finally, Captrust Financial Advisors increased its position in Adaptive Alpha Opportunities ETF by 3.2% during the fourth quarter. Captrust Financial Advisors now owns 15,245 shares of the company’s stock worth $435,000 after purchasing an additional 467 shares during the last quarter.

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.