Adaptiv Select ETF (NYSEARCA:ADPV – Get Free Report) saw a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 2,037 shares, a decline of 51.4% from the February 12th total of 4,193 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 8,968 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 8,968 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.
Institutional Investors Weigh In On Adaptiv Select ETF
An institutional investor recently raised its position in Adaptiv Select ETF stock. Worth Asset Management LLC raised its stake in Adaptiv Select ETF (NYSEARCA:ADPV – Free Report) by 11.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,197 shares of the company’s stock after purchasing an additional 1,149 shares during the period. Worth Asset Management LLC owned 0.29% of Adaptiv Select ETF worth $476,000 as of its most recent SEC filing.
Adaptiv Select ETF Trading Down 2.4%
ADPV stock traded down $1.02 during trading on Thursday, hitting $40.84. The company had a trading volume of 33,702 shares, compared to its average volume of 14,660. The stock has a market cap of $153.56 million, a PE ratio of 7.92 and a beta of 0.99. The business has a 50-day moving average of $44.64 and a 200-day moving average of $43.32. Adaptiv Select ETF has a one year low of $32.95 and a one year high of $46.31.
About Adaptiv Select ETF
The Adaptiv Select ETF (ADPV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that toggles between US large-cap equities and short-term US Treasurys, based on momentum. The fund’s strategy aims to limit drawdowns during market downtrends. ADPV was launched on Nov 4, 2022 and is managed by Adaptiv.
Recommended Stories
- Five stocks we like better than Adaptiv Select ETF
- The $20 Trillion Discovery Beneath the Waves
- The largest IPO in history is coming
- Trump’s NEW Executive Order – BIG Changes Coming to Retirement Accounts
- Only 500 people today…
- Central banks just did something they haven’t done since 1967
Receive News & Ratings for Adaptiv Select ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adaptiv Select ETF and related companies with MarketBeat.com's FREE daily email newsletter.
