Miller Value Partners Leverage ETF (NYSEARCA:MVPL) Sees Significant Increase in Short Interest

Miller Value Partners Leverage ETF (NYSEARCA:MVPL) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 1,923 shares, an increase of 80.2% from the August 31st total of 1,067 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 1,732 shares, the days-to-cover ratio is currently 1.1 days.

Miller Value Partners Leverage ETF Stock Performance

Shares of MVPL stock traded down $0.14 on Tuesday, hitting $43.84. 42 shares of the stock traded hands, compared to its average volume of 1,336. The company’s fifty day moving average is $43.79 and its 200 day moving average is $41.10. Miller Value Partners Leverage ETF has a 1-year low of $32.95 and a 1-year high of $45.75.

Miller Value Partners Leverage ETF Company Profile

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.