Miller Value Partners Leverage ETF (NYSEARCA:MVPL) Sees Large Increase in Short Interest

Miller Value Partners Leverage ETF (NYSEARCA:MVPL) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 1,923 shares, a growth of 80.2% from the August 31st total of 1,067 shares. Based on an average trading volume of 1,732 shares, the short-interest ratio is presently 1.1 days. Currently, 0.3% of the company’s shares are short sold.

Miller Value Partners Leverage ETF Stock Down 0.8%

Shares of MVPL traded down $0.35 during trading hours on Thursday, reaching $43.43. 467 shares of the company traded hands, compared to its average volume of 1,346. The stock’s fifty day moving average price is $43.85 and its 200 day moving average price is $41.22. Miller Value Partners Leverage ETF has a 12-month low of $32.95 and a 12-month high of $45.75.

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.