American Conservative Values ETF (NYSEARCA:ACVF) Short Interest Update

American Conservative Values ETF (NYSEARCA:ACVF) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 20,011 shares, an increase of 2,123.4% from the April 15th total of 900 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily volume of 8,201 shares, the days-to-cover ratio is currently 2.4 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. WorthPointe LLC acquired a new position in shares of American Conservative Values ETF during the fourth quarter worth about $4,736,000. Encompass More Asset Management increased its stake in shares of American Conservative Values ETF by 57.3% during the fourth quarter. Encompass More Asset Management now owns 40,865 shares of the company’s stock worth $2,018,000 after acquiring an additional 14,886 shares during the period. AE Wealth Management LLC increased its stake in shares of American Conservative Values ETF by 17.1% during the fourth quarter. AE Wealth Management LLC now owns 36,964 shares of the company’s stock worth $1,826,000 after acquiring an additional 5,407 shares during the period. TopTier Wealth Management LLC acquired a new position in shares of American Conservative Values ETF during the fourth quarter worth about $1,533,000. Finally, MML Investors Services LLC boosted its holdings in American Conservative Values ETF by 22.9% during the fourth quarter. MML Investors Services LLC now owns 30,741 shares of the company’s stock worth $1,518,000 after buying an additional 5,727 shares in the last quarter.

American Conservative Values ETF Stock Performance

NYSEARCA ACVF traded up $0.24 during trading on Monday, reaching $52.64. The company’s stock had a trading volume of 8,044 shares, compared to its average volume of 7,169. American Conservative Values ETF has a twelve month low of $44.32 and a twelve month high of $52.70. The business’s fifty day moving average price is $49.69 and its 200-day moving average price is $49.60. The firm has a market cap of $148.97 million, a price-to-earnings ratio of 25.85 and a beta of 0.95.

About American Conservative Values ETF

The American Conservative Values ETF (ACVF) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies that are perceived to align with political conservative values. ACVF was launched on Oct 29, 2020 and is managed by ACV.