Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) Short Interest Up 918.5% in March

Adaptive Alpha Opportunities ETF (NYSEARCA:AGOXGet Free Report) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 24,383 shares, an increase of 918.5% from the February 26th total of 2,394 shares. Based on an average daily volume of 55,878 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 55,878 shares, the short-interest ratio is presently 0.4 days.

Adaptive Alpha Opportunities ETF Stock Down 1.5%

AGOX stock traded down $0.40 during mid-day trading on Tuesday, hitting $26.60. The company had a trading volume of 19,703 shares, compared to its average volume of 79,779. The company has a 50-day moving average price of $29.03 and a 200 day moving average price of $29.78. Adaptive Alpha Opportunities ETF has a 12-month low of $21.31 and a 12-month high of $31.63. The company has a market capitalization of $328.78 million, a price-to-earnings ratio of 28.68 and a beta of 0.96.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC boosted its holdings in shares of Adaptive Alpha Opportunities ETF by 11.2% in the fourth quarter. NewEdge Advisors LLC now owns 62,519 shares of the company’s stock valued at $1,786,000 after purchasing an additional 6,312 shares during the period. Captrust Financial Advisors increased its holdings in Adaptive Alpha Opportunities ETF by 3.2% during the 4th quarter. Captrust Financial Advisors now owns 15,245 shares of the company’s stock worth $435,000 after purchasing an additional 467 shares during the period. Finally, Janney Montgomery Scott LLC raised its position in Adaptive Alpha Opportunities ETF by 17.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 11,830 shares of the company’s stock valued at $338,000 after purchasing an additional 1,727 shares in the last quarter.

About Adaptive Alpha Opportunities ETF

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The Adaptive Alpha Opportunities ETF (AGOX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed, multi-asset fund that tactically allocates for capital appreciation. AGOX was launched on Sep 20, 2012 and is managed by Adaptive.

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