Short Interest in Aptus Collared Investment Opportunity ETF (BATS:ACIO) Drops By 80.3%

Aptus Collared Investment Opportunity ETF (BATS:ACIO) was the recipient of a significant drop in short interest in August. As of August 31st, there was short interest totaling 22,839 shares, a drop of 80.3% from the August 15th total of 115,992 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 155,668 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Aptus Collared Investment Opportunity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Parallel Advisors LLC raised its position in Aptus Collared Investment Opportunity ETF by 10.2% during the first quarter. Parallel Advisors LLC now owns 8,410 shares of the company’s stock worth $353,000 after acquiring an additional 779 shares in the last quarter. Advisors Preferred LLC grew its position in shares of Aptus Collared Investment Opportunity ETF by 1,078.5% in the 1st quarter. Advisors Preferred LLC now owns 1,532 shares of the company’s stock valued at $64,000 after acquiring an additional 1,402 shares during the period. Compass Financial Management LLC bought a new position in shares of Aptus Collared Investment Opportunity ETF in the 2nd quarter valued at about $74,000. JPMorgan Chase & Co. grew its position in shares of Aptus Collared Investment Opportunity ETF by 110.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,457 shares of the company’s stock valued at $150,000 after acquiring an additional 1,814 shares during the period. Finally, Virtue Capital Management LLC increased its stake in shares of Aptus Collared Investment Opportunity ETF by 922.1% during the 4th quarter. Virtue Capital Management LLC now owns 8,494 shares of the company’s stock worth $371,000 after purchasing an additional 7,663 shares during the last quarter.

Aptus Collared Investment Opportunity ETF Stock Up 0.6%

BATS:ACIO opened at $46.85 on Friday. Aptus Collared Investment Opportunity ETF has a twelve month low of $41.13 and a twelve month high of $47.75. The firm has a market capitalization of $2.21 billion, a price-to-earnings ratio of 25.77 and a beta of 0.65. The stock’s 50 day moving average price is $46.66 and its two-hundred day moving average price is $45.39.

About Aptus Collared Investment Opportunity ETF

The Aptus Collared Income Opportunity ETF (ACIO) is an exchange-traded fund that is based on the NYSE Multi-Asset High Income index. The fund is an actively-managed portfolio of US large cap equities as well as corresponding options collars for those constituents. ACIO was launched on Jul 10, 2019 and is managed by Aptus.