Miller Value Partners Leverage ETF (NYSEARCA:MVPL) Short Interest Up 69.7% in June

Miller Value Partners Leverage ETF (NYSEARCA:MVPL) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 694 shares, a growth of 69.7% from the May 31st total of 409 shares. Based on an average daily volume of 443 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.1% of the shares of the company are sold short.

Miller Value Partners Leverage ETF Stock Performance

Shares of NYSEARCA MVPL remained flat at $42.18 during midday trading on Friday. 467 shares of the stock were exchanged, compared to its average volume of 398. Miller Value Partners Leverage ETF has a 52 week low of $32.02 and a 52 week high of $43.95. The stock’s fifty day moving average price is $41.62 and its 200 day moving average price is $38.05.

About Miller Value Partners Leverage ETF

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.