Adaptiv Select ETF (NYSEARCA:ADPV) Stock Short Interest Report for October

Adaptiv Select ETF (NYSEARCA:ADPV) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 2,501 shares, a growth of 5,110.4% from the October 15th total of 48 shares. Based on an average daily trading volume, of 6,107 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are sold short.

Adaptiv Select ETF Price Performance

Shares of ADPV stock opened at $43.25 on Wednesday. The stock has a market capitalization of $173 million, a price-to-earnings ratio of 15.14 and a beta of 0.91. The company’s fifty day simple moving average is $43.99 and its two-hundred day simple moving average is $44.61. Adaptiv Select ETF has a 1 year low of $38.57 and a 1 year high of $49.71.

About Adaptiv Select ETF

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.