Miller Value Partners Appreciation ETF (NYSEARCA:MVPA) Sees Significant Growth in Short Interest

Miller Value Partners Appreciation ETF (NYSEARCA:MVPAGet Free Report) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 6,024 shares, an increase of 2,474.4% from the April 15th total of 234 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 4,223 shares, the short-interest ratio is presently 1.4 days.

Miller Value Partners Appreciation ETF Trading Down 1.1%

Shares of Miller Value Partners Appreciation ETF stock traded down $0.36 during midday trading on Monday, reaching $33.15. The company had a trading volume of 134 shares, compared to its average volume of 2,030. The company has a market capitalization of $65.64 million, a price-to-earnings ratio of 13.44 and a beta of 1.19. The stock has a fifty day simple moving average of $32.34 and a 200 day simple moving average of $33.08. Miller Value Partners Appreciation ETF has a 1-year low of $30.40 and a 1-year high of $36.95.

Miller Value Partners Appreciation ETF Company Profile

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The Miller Value Partners Appreciation ETF (MVPA) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking capital appreciation through investments in a narrow portfolio of global stocks of any market capitalization. MVPA was launched on Jan 30, 2024 and is issued by Miller.

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