Adaptiv Select ETF (NYSEARCA:ADPV) Short Interest Update

Adaptiv Select ETF (NYSEARCA:ADPVGet Free Report) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 2,356 shares, a decrease of 91.3% from the December 31st total of 27,149 shares. Based on an average daily volume of 17,021 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 17,021 shares, the short-interest ratio is presently 0.1 days.

Adaptiv Select ETF Price Performance

Shares of ADPV traded up $0.27 during trading hours on Wednesday, hitting $45.69. The company’s stock had a trading volume of 23,225 shares, compared to its average volume of 19,090. The business has a 50 day simple moving average of $43.76 and a two-hundred day simple moving average of $42.41. Adaptiv Select ETF has a 52-week low of $32.81 and a 52-week high of $46.31. The company has a market cap of $170.42 million, a price-to-earnings ratio of 7.92 and a beta of 0.99.

Institutional Investors Weigh In On Adaptiv Select ETF

An institutional investor recently raised its position in Adaptiv Select ETF stock. West Michigan Advisors LLC raised its holdings in Adaptiv Select ETF (NYSEARCA:ADPVFree Report) by 10.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,700 shares of the company’s stock after acquiring an additional 816 shares during the period. West Michigan Advisors LLC owned approximately 0.23% of Adaptiv Select ETF worth $373,000 at the end of the most recent reporting period.

About Adaptiv Select ETF

(Get Free Report)

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.

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