Aptus Defined Risk ETF (BATS:DRSK) Short Interest Down 51.0% in August

Aptus Defined Risk ETF (BATS:DRSK) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 13,504 shares, a decline of 51.0% from the August 15th total of 27,542 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 170,560 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Aptus Defined Risk ETF

Institutional investors have recently added to or reduced their stakes in the business. Compass Financial Management LLC purchased a new stake in Aptus Defined Risk ETF in the second quarter valued at approximately $103,000. Valeo Financial Advisors LLC acquired a new position in shares of Aptus Defined Risk ETF in the 2nd quarter valued at $408,000. Finally, Parallel Advisors LLC boosted its holdings in shares of Aptus Defined Risk ETF by 3.7% in the 4th quarter. Parallel Advisors LLC now owns 15,699 shares of the company’s stock valued at $447,000 after purchasing an additional 565 shares during the last quarter.

Aptus Defined Risk ETF Stock Performance

Shares of DRSK opened at $27.68 on Wednesday. Aptus Defined Risk ETF has a fifty-two week low of $27.10 and a fifty-two week high of $30.15. The company has a market capitalization of $1.22 billion, a PE ratio of 26.47 and a beta of 0.37. The stock has a fifty day moving average of $28.46 and a two-hundred day moving average of $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.