Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) Sees Significant Growth in Short Interest

Adaptive Alpha Opportunities ETF (NYSEARCA:AGOXGet Free Report) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 17,468 shares, a growth of 19,750.0% from the December 15th total of 88 shares. Based on an average daily trading volume, of 30,641 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 30,641 shares, the short-interest ratio is currently 0.6 days.

Adaptive Alpha Opportunities ETF Stock Performance

Shares of AGOX traded up $0.16 during mid-day trading on Monday, reaching $30.13. 156,323 shares of the company were exchanged, compared to its average volume of 54,546. The stock has a market capitalization of $371.80 million, a PE ratio of 28.68 and a beta of 0.96. Adaptive Alpha Opportunities ETF has a 52 week low of $21.31 and a 52 week high of $31.63. The business has a 50 day simple moving average of $29.76 and a two-hundred day simple moving average of $29.97.

Institutional Trading of Adaptive Alpha Opportunities ETF

A hedge fund recently raised its stake in Adaptive Alpha Opportunities ETF stock. NewEdge Advisors LLC raised its holdings in shares of Adaptive Alpha Opportunities ETF (NYSEARCA:AGOXFree Report) by 95.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,090 shares of the company’s stock after purchasing an additional 21,572 shares during the period. NewEdge Advisors LLC owned 0.39% of Adaptive Alpha Opportunities ETF worth $1,079,000 at the end of the most recent reporting 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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