Miller Value Partners Leverage ETF (NYSEARCA:MVPL) Short Interest Down 53.7% in July

Miller Value Partners Leverage ETF (NYSEARCA:MVPL) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totaling 403 shares, a drop of 53.7% from the June 30th total of 871 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 376 shares, the short-interest ratio is presently 1.1 days.

Miller Value Partners Leverage ETF Stock Performance

MVPL stock traded down $1.28 during trading on Wednesday, hitting $40.28. The company had a trading volume of 876 shares, compared to its average volume of 456. The firm has a 50-day moving average price of $42.22 and a 200-day moving average price of $38.79. Miller Value Partners Leverage ETF has a 12 month low of $32.03 and a 12 month high of $43.95.

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.