Adaptiv Select ETF (NYSEARCA:ADPV) Shares Shorted: Short Interest Up 5,110.4% in October

Adaptiv Select ETF (NYSEARCA:ADPV – Get Free Report) saw 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. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 6,107 shares, the short-interest ratio is presently 0.4 days.

Adaptiv Select ETF Stock Up 0.3%

Shares of NYSEARCA:ADPV traded up $0.13 during midday trading on Tuesday, reaching $43.25. The company had a trading volume of 727 shares, compared to its average volume of 11,517. The business’s 50 day moving average price is $44.01 and its 200 day moving average price is $44.62. The stock has a market cap of $173 million, a PE ratio of 15.14 and a beta of 0.91. Adaptiv Select ETF has a 1-year low of $38.57 and a 1-year high of $49.71.

Adaptiv Select ETF Company Profile

(Get Free Report)

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.

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