Short Interest in Aptus Large Cap Upside ETF (BATS:UPSD) Declines By 52.6%

Aptus Large Cap Upside ETF (BATS:UPSD) was the target of a large drop in short interest in July. As of July 15th, there was short interest totaling 12,831 shares, a drop of 52.6% from the June 30th total of 27,051 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 7,479 shares, the short-interest ratio is presently 1.7 days.

Aptus Large Cap Upside ETF Price Performance

UPSD stock opened at $29.07 on Wednesday. Aptus Large Cap Upside ETF has a 1-year low of $24.41 and a 1-year high of $29.14. The business has a fifty day moving average price of $28.36 and a 200-day moving average price of $27.51. The stock has a market capitalization of $90.99 million and a P/E ratio of 25.68.

Hedge Funds Weigh In On Aptus Large Cap Upside ETF

A number of hedge funds have recently bought and sold shares of UPSD. Waterloo Capital L.P. lifted its stake in Aptus Large Cap Upside ETF by 2.4% during the 4th quarter. Waterloo Capital L.P. now owns 407,706 shares of the company’s stock valued at $10,918,000 after acquiring an additional 9,651 shares during the period. Princeton Global Asset Management LLC bought a new stake in shares of Aptus Large Cap Upside ETF in the first quarter worth approximately $29,000. Finally, Advisory Services Network LLC raised its holdings in shares of Aptus Large Cap Upside ETF by 852.4% during the fourth quarter. Advisory Services Network LLC now owns 9,524 shares of the company’s stock valued at $255,000 after purchasing an additional 8,524 shares during the last quarter.

Aptus Large Cap Upside ETF Company Profile

The Aptus Large Cap Upside ETF (UPSD) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed portfolio of large-cap US companies selected for their quality, value, and growth characteristics. It seeks enhanced total returns by layering additional return drivers. UPSD was launched on Nov 20, 2024 and is issued by Aptus Capital Advisors.