American Conservative Values ETF (NYSEARCA:ACVF) Sees Large Increase in Short Interest

American Conservative Values ETF (NYSEARCA:ACVF) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 4,292 shares, a growth of 1,973.4% from the July 15th total of 207 shares. Based on an average daily volume of 4,689 shares, the short-interest ratio is presently 0.9 days. Currently, 0.2% of the company’s stock are sold short.

American Conservative Values ETF Trading Up 0.1%

American Conservative Values ETF stock traded up $0.03 during midday trading on Tuesday, hitting $56.23. The stock had a trading volume of 2,268 shares, compared to its average volume of 6,436. The stock has a market cap of $159.13 million, a P/E ratio of 25.85 and a beta of 0.95. American Conservative Values ETF has a 12 month low of $46.50 and a 12 month high of $56.43. The business has a fifty day moving average price of $54.00 and a 200 day moving average price of $51.64.

Institutional Investors Weigh In On American Conservative Values ETF

A number of institutional investors have recently made changes to their positions in the company. Kestra Advisory Services LLC bought a new position in American Conservative Values ETF during the fourth quarter worth $85,000. RMG Wealth Management LLC bought a new stake in American Conservative Values ETF during the first quarter valued at $92,000. Larson Financial Group LLC acquired a new stake in shares of American Conservative Values ETF during the third quarter worth $94,000. Bank of Montreal Can raised its holdings in shares of American Conservative Values ETF by 10.9% during the fourth quarter. Bank of Montreal Can now owns 2,090 shares of the company’s stock worth $103,000 after purchasing an additional 206 shares during the period. Finally, Western Wealth Management LLC acquired a new stake in shares of American Conservative Values ETF during the first quarter worth $111,000.

About American Conservative Values ETF

The American Conservative Values ETF (ACVF) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies that are perceived to align with political conservative values. ACVF was launched on Oct 29, 2020 and is managed by ACV.