Strive 500 ETF (NYSEARCA:STRV) Short Interest Up 73.9% in August

Strive 500 ETF (NYSEARCA:STRV) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 109,400 shares, an increase of 73.9% from the August 15th total of 62,900 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average trading volume of 66,900 shares, the days-to-cover ratio is presently 1.6 days. Based on an average trading volume of 66,900 shares, the days-to-cover ratio is presently 1.6 days. Approximately 0.5% of the shares of the company are sold short.

Strive 500 ETF Stock Up 0.2%

Shares of NYSEARCA STRV opened at $42.77 on Wednesday. The firm’s 50-day moving average price is $41.33 and its 200-day moving average price is $38.48. The company has a market cap of $1.00 billion, a PE ratio of 25.66 and a beta of 1.00. Strive 500 ETF has a 52-week low of $30.88 and a 52-week high of $42.83.

Institutional Trading of Strive 500 ETF

A number of institutional investors have recently made changes to their positions in STRV. NBC Securities Inc. bought a new position in shares of Strive 500 ETF in the 1st quarter worth approximately $29,000. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Strive 500 ETF by 8.1% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 148,775 shares of the company’s stock worth $5,365,000 after purchasing an additional 11,197 shares during the period. S.A. Mason LLC lifted its stake in shares of Strive 500 ETF by 4.0% in the 1st quarter. S.A. Mason LLC now owns 59,834 shares of the company’s stock worth $2,158,000 after purchasing an additional 2,280 shares during the period. Pin Oak Investment Advisors Inc. lifted its stake in shares of Strive 500 ETF by 13.1% in the 1st quarter. Pin Oak Investment Advisors Inc. now owns 19,834 shares of the company’s stock worth $715,000 after purchasing an additional 2,294 shares during the period. Finally, Future Financial Wealth Managment LLC lifted its stake in shares of Strive 500 ETF by 21.2% in the 1st quarter. Future Financial Wealth Managment LLC now owns 22,071 shares of the company’s stock worth $796,000 after purchasing an additional 3,859 shares during the period.

About Strive 500 ETF

The Strive 500 ETF (STRV) is an exchange-traded fund that is based on the Solactive GBS United States 500 index. The fund tracks a market cap-weighted index of the 500 largest companies across all sectors in the US equity market. STRV was launched on Sep 15, 2022 and is managed by Strive.