Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) Short Interest Down 12.4% in January

Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) was the recipient of a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 15,310 shares, a drop of 12.4% from the December 31st total of 17,468 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 50,052 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 50,052 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Adaptive Alpha Opportunities ETF stock. NewEdge Advisors LLC grew its stake in Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) by 95.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,090 shares of the company’s stock after purchasing an additional 21,572 shares during the quarter. NewEdge Advisors LLC owned approximately 0.39% of Adaptive Alpha Opportunities ETF worth $1,079,000 as of its most recent SEC filing.

Adaptive Alpha Opportunities ETF Trading Down 1.4%

Adaptive Alpha Opportunities ETF stock opened at $29.37 on Thursday. The firm has a market cap of $363.01 million, a PE ratio of 28.68 and a beta of 0.96. Adaptive Alpha Opportunities ETF has a 12 month low of $21.31 and a 12 month high of $31.63. The stock’s 50 day simple moving average is $29.71 and its two-hundred day simple moving average is $30.05.

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.