Aptus Defined Risk ETF (BATS:DRSK) Short Interest Update

Aptus Defined Risk ETF (BATS:DRSK) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 59,879 shares, a growth of 65.8% from the April 30th total of 36,112 shares. Based on an average daily trading volume, of 96,756 shares, the short-interest ratio is presently 0.6 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of DRSK. Waterloo Capital L.P. lifted its holdings in shares of Aptus Defined Risk ETF by 1.3% during the third quarter. Waterloo Capital L.P. now owns 705,979 shares of the company’s stock worth $20,353,000 after purchasing an additional 9,265 shares during the period. Parallel Advisors LLC increased its stake in Aptus Defined Risk ETF by 1,649.6% in the 3rd quarter. Parallel Advisors LLC now owns 15,134 shares of the company’s stock valued at $436,000 after buying an additional 14,269 shares during the period. Integrated Wealth Concepts LLC raised its position in Aptus Defined Risk ETF by 11.9% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 6,592,015 shares of the company’s stock worth $190,048,000 after buying an additional 702,103 shares during the last quarter. Park Place Capital Corp raised its position in Aptus Defined Risk ETF by 8.7% during the 4th quarter. Park Place Capital Corp now owns 657,299 shares of the company’s stock worth $18,713,000 after buying an additional 52,600 shares during the last quarter. Finally, Princeton Global Asset Management LLC acquired a new stake in shares of Aptus Defined Risk ETF in the 4th quarter worth $118,000.

Aptus Defined Risk ETF Stock Down 0.8%

Shares of DRSK stock opened at $29.30 on Thursday. The stock has a market capitalization of $1.29 billion, a PE ratio of 26.47 and a beta of 0.37. Aptus Defined Risk ETF has a 52-week low of $27.10 and a 52-week high of $30.15. The stock’s 50-day moving average price is $28.53 and its 200 day moving average price is $28.50.

About Aptus Defined Risk ETF

The Aptus Defined Risk ETF (DRSK) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that combines US corporate bond exposure with an overlay of call options on US large-cap stocks. The fund seeks income and capital appreciation. DRSK was launched on Aug 8, 2018 and is managed by Aptus.