Aptus International Enhanced Yield ETF (BATS:IDUB) Sees Large Drop in Short Interest

Aptus International Enhanced Yield ETF (BATS:IDUB) saw a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 23,513 shares, a drop of 50.0% from the May 14th total of 46,981 shares. Based on an average daily trading volume, of 33,929 shares, the short-interest ratio is currently 0.7 days. Currently, 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On Aptus International Enhanced Yield ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Park Place Capital Corp increased its holdings in shares of Aptus International Enhanced Yield ETF by 3.6% in the fourth quarter. Park Place Capital Corp now owns 1,038,418 shares of the company’s stock valued at $25,265,000 after purchasing an additional 36,342 shares during the last quarter. Waterloo Capital L.P. lifted its stake in shares of Aptus International Enhanced Yield ETF by 4.6% during the 4th quarter. Waterloo Capital L.P. now owns 976,956 shares of the company’s stock worth $23,769,000 after buying an additional 43,073 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new stake in shares of Aptus International Enhanced Yield ETF during the 4th quarter worth about $461,000.

Aptus International Enhanced Yield ETF Trading Up 0.8%

IDUB stock opened at $27.73 on Friday. Aptus International Enhanced Yield ETF has a 1-year low of $21.84 and a 1-year high of $28.16. The business’s 50 day simple moving average is $26.91 and its 200 day simple moving average is $25.81. The firm has a market capitalization of $395.15 million, a PE ratio of 15.58 and a beta of 0.59.

About Aptus International Enhanced Yield ETF

The Aptus International Enhanced Yield (IDUB) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of funds that seeks capital appreciation and current income. The fund selects global ex-US ETFs that exhibit positive fundamental and momentum characteristics combined with equity-linked notes and options strategy. IDUB was launched on Jul 22, 2021 and is managed by Aptus Capital Advisors.