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 in the month of January. As of January 30th, there was short interest totaling 20,711 shares, a growth of 35.3% from the January 15th total of 15,310 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 80,350 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 80,350 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Investors Weigh In On Adaptive Alpha Opportunities ETF

An institutional investor recently bought a new position in Adaptive Alpha Opportunities ETF stock. Janney Montgomery Scott LLC acquired a new stake in Adaptive Alpha Opportunities ETF (NYSEARCA:AGOXFree Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 9,103 shares of the company’s stock, valued at approximately $269,000. Janney Montgomery Scott LLC owned approximately 0.08% of Adaptive Alpha Opportunities ETF as of its most recent filing with the SEC.

Adaptive Alpha Opportunities ETF Stock Up 0.3%

AGOX stock traded up $0.08 during mid-day trading on Friday, reaching $29.64. 108,690 shares of the stock traded hands, compared to its average volume of 65,650. The firm has a market capitalization of $366.35 million, a PE ratio of 28.68 and a beta of 0.96. The business has a 50-day moving average of $29.65 and a two-hundred day moving average of $30.04. Adaptive Alpha Opportunities ETF has a 52 week low of $21.31 and a 52 week high of $31.63.

About Adaptive Alpha Opportunities ETF

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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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