Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) Short Interest Update

Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 17,252 shares, a decline of 51.1% from the July 30th total of 35,286 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 68,877 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On Adaptive Alpha Opportunities ETF

A number of institutional investors have recently bought and sold shares of the stock. NewEdge Advisors LLC grew its holdings in shares of 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 acquiring an additional 21,572 shares during the period. Janney Montgomery Scott LLC raised its position in shares of Adaptive Alpha Opportunities ETF by 17.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 11,830 shares of the company’s stock worth $338,000 after acquiring an additional 1,727 shares in the last quarter. Finally, Captrust Financial Advisors lifted its stake in shares of Adaptive Alpha Opportunities ETF by 3.2% in the 4th quarter. Captrust Financial Advisors now owns 15,245 shares of the company’s stock valued at $435,000 after purchasing an additional 467 shares during the period.

Adaptive Alpha Opportunities ETF Price Performance

Adaptive Alpha Opportunities ETF stock traded down $0.04 during mid-day trading on Monday, reaching $33.69. 20,734 shares of the company traded hands, compared to its average volume of 76,797. Adaptive Alpha Opportunities ETF has a 52-week low of $25.65 and a 52-week high of $35.80. The firm has a market capitalization of $380.02 million, a price-to-earnings ratio of 28.68 and a beta of 1.08. The firm’s 50 day moving average price is $33.99 and its 200 day moving average price is $31.99.

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.