Miller Value Partners Leverage ETF (NYSEARCA:MVPL) Short Interest Down 76.8% in August

Miller Value Partners Leverage ETF (NYSEARCA:MVPL) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 1,067 shares, a drop of 76.8% from the August 15th total of 4,608 shares. Based on an average trading volume of 11,544 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the shares of the company are sold short.

Miller Value Partners Leverage ETF Price Performance

Miller Value Partners Leverage ETF stock traded up $0.74 during mid-day trading on Friday, reaching $43.81. 715 shares of the company were exchanged, compared to its average volume of 1,281. Miller Value Partners Leverage ETF has a 12 month low of $32.95 and a 12 month high of $45.75. The company has a fifty day simple moving average of $43.50 and a 200-day simple moving average of $40.44.

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.