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

Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) was the target of a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 2,394 shares, a drop of 82.4% from the February 12th total of 13,629 shares. Based on an average daily trading volume, of 173,768 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 173,768 shares, the short-interest ratio is currently 0.0 days.

Adaptive Alpha Opportunities ETF Price Performance

Shares of AGOX stock traded down $0.30 during trading on Wednesday, reaching $27.91. The company’s stock had a trading volume of 14,325 shares, compared to its average volume of 82,764. Adaptive Alpha Opportunities ETF has a 1-year low of $21.31 and a 1-year high of $31.63. The stock’s 50-day moving average price is $29.51 and its 200 day moving average price is $29.96. The company has a market capitalization of $344.97 million, a price-to-earnings ratio of 28.68 and a beta of 0.96.

Institutional Trading of Adaptive Alpha Opportunities ETF

A number of large investors have recently modified their holdings of AGOX. Janney Montgomery Scott LLC raised its stake in shares of Adaptive Alpha Opportunities ETF by 17.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 11,830 shares of the company’s stock valued at $338,000 after acquiring an additional 1,727 shares in the last quarter. Captrust Financial Advisors grew its stake in Adaptive Alpha Opportunities ETF by 3.2% during the 4th quarter. Captrust Financial Advisors now owns 15,245 shares of the company’s stock worth $435,000 after purchasing an additional 467 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in Adaptive Alpha Opportunities ETF by 95.8% during the 1st quarter. NewEdge Advisors LLC now owns 44,090 shares of the company’s stock worth $1,079,000 after purchasing an additional 21,572 shares during the period.

About Adaptive Alpha Opportunities ETF

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.