Strive 1000 Value ETF (NYSE:STXV) Sees Large Drop in Short Interest

Strive 1000 Value ETF (NYSE:STXV) was the target of a large drop in short interest in September. As of September 15th, there was short interest totaling 1,036 shares, a drop of 45.1% from the August 31st total of 1,886 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 10,510 shares, the days-to-cover ratio is presently 0.1 days.

Strive 1000 Value ETF Stock Performance

STXV stock traded down $0.20 during midday trading on Wednesday, hitting $37.59. 13,005 shares of the stock were exchanged, compared to its average volume of 8,741. The stock’s 50-day moving average price is $39.16 and its 200-day moving average price is $37.67. The stock has a market cap of $77.06 million, a price-to-earnings ratio of 16.42 and a beta of 0.68. Strive 1000 Value ETF has a fifty-two week low of $31.64 and a fifty-two week high of $40.05.

Hedge Funds Weigh In On Strive 1000 Value ETF

A hedge fund recently bought a new position in Strive 1000 Value ETF stock. Longview Financial Advisors Inc. bought a new position in shares of Strive 1000 Value ETF (NYSE:STXV) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,230 shares of the company’s stock, valued at approximately $78,000. Longview Financial Advisors Inc. owned about 0.11% of Strive 1000 Value ETF at the end of the most recent quarter.

Strive 1000 Value ETF Company Profile

The Strive 1000 Value ETF (STXV) is an exchange-traded fund that is based on the Bloomberg US 1000 Value index. The fund tracks the total return performance of an index composed of US-listed large- and mid-cap companies that exhibit value characteristics. The index selects securities based on fundamental factors and weights them according to free-float market cap. STXV was launched on Nov 10, 2022 and is issued by Alpha Architect.