Short Interest in Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) Decreases By 70.4%

Adaptive Alpha Opportunities ETF (NYSEARCA:AGOXGet Free Report) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 11,604 shares, a decline of 70.4% from the April 30th total of 39,182 shares. Based on an average daily trading volume, of 185,101 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Adaptive Alpha Opportunities ETF Trading Down 0.2%

Shares of Adaptive Alpha Opportunities ETF stock traded down $0.07 during trading hours on Friday, hitting $34.27. 59,489 shares of the company were exchanged, compared to its average volume of 91,782. Adaptive Alpha Opportunities ETF has a 1 year low of $25.65 and a 1 year high of $35.06. The business has a 50-day moving average of $30.91 and a 200-day moving average of $29.97. The stock has a market capitalization of $389.65 million, a price-to-earnings ratio of 28.68 and a beta of 1.07.

Institutional Trading of Adaptive Alpha Opportunities ETF

Several large investors have recently bought and sold shares of AGOX. NewEdge Advisors LLC boosted its stake in shares of Adaptive Alpha Opportunities ETF by 95.8% during the first 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 raised its holdings in shares of Adaptive Alpha Opportunities ETF by 17.1% in the 4th 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 period. Finally, Captrust Financial Advisors raised its holdings in shares of Adaptive Alpha Opportunities ETF by 3.2% in the 4th 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 period.

Adaptive Alpha Opportunities ETF Company Profile

(Get Free Report)

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.

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