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

Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totaling 17,468 shares, an increase of 19,750.0% from the December 15th total of 88 shares. Based on an average daily trading volume, of 30,641 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 30,641 shares, the days-to-cover ratio is currently 0.6 days.

Adaptive Alpha Opportunities ETF Stock Up 0.8%

Shares of NYSEARCA:AGOX opened at $30.20 on Tuesday. The firm’s 50 day moving average price is $29.74 and its 200 day moving average price is $29.98. The stock has a market cap of $372.67 million, a price-to-earnings ratio of 28.68 and a beta of 0.96. Adaptive Alpha Opportunities ETF has a fifty-two week low of $21.31 and a fifty-two week high of $31.63.

Institutional Investors Weigh In On Adaptive Alpha Opportunities ETF

An institutional investor recently raised its position in Adaptive Alpha Opportunities ETF stock. NewEdge Advisors LLC boosted its holdings in Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) by 6.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 56,207 shares of the company’s stock after buying an additional 3,498 shares during the quarter. NewEdge Advisors LLC owned approximately 0.47% of Adaptive Alpha Opportunities ETF worth $1,725,000 at the end of the most recent quarter.

About Adaptive Alpha Opportunities ETF

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.