Miller Value Partners Leverage ETF (NYSEARCA:MVPL) Short Interest Down 76.8% in August

Miller Value Partners Leverage ETF (NYSEARCA:MVPL) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 1,067 shares, a decrease of 76.8% from the August 15th total of 4,608 shares. Based on an average daily trading volume, of 11,544 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the company’s shares are sold short.

Miller Value Partners Leverage ETF Stock Performance

Shares of MVPL traded up $0.74 during midday trading on Friday, hitting $43.81. The stock had a trading volume of 715 shares, compared to its average volume of 1,281. Miller Value Partners Leverage ETF has a fifty-two week low of $32.95 and a fifty-two week high of $45.75. The business has a 50-day simple moving average of $43.50 and a two-hundred day simple moving average of $40.47.

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.