Miller Value Partners Leverage ETF (NYSEARCA:MVPL) Short Interest Up 1,139.4% in May

Miller Value Partners Leverage ETF (NYSEARCA:MVPL) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 409 shares, an increase of 1,139.4% from the May 14th total of 33 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 154 shares, the short-interest ratio is currently 2.7 days.

Miller Value Partners Leverage ETF Stock Performance

Shares of Miller Value Partners Leverage ETF stock traded down $0.65 during trading on Wednesday, reaching $40.63. The stock had a trading volume of 476 shares, compared to its average volume of 403. The stock has a fifty day moving average price of $39.58 and a two-hundred day moving average price of $37.41. Miller Value Partners Leverage ETF has a 52 week low of $29.49 and a 52 week high of $43.95.

Miller Value Partners Leverage ETF Company Profile

The Miller Value Partners Leverage ETF (MVPL) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages exposure to the S&P 500 Index using leveraged and unleveraged positions based on a daily trading signal from the adviser’s proprietary model. MVPL was launched on Feb 28, 2024 and is issued by Miller.