Short Interest in Miller Value Partners Leverage ETF (NYSEARCA:MVPL) Declines By 72.6%

Miller Value Partners Leverage ETF (NYSEARCA:MVPL) was the target of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 358 shares, a drop of 72.6% from the April 15th total of 1,306 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 411 shares, the short-interest ratio is currently 0.9 days.

Miller Value Partners Leverage ETF Trading Up 1.1%

NYSEARCA:MVPL traded up $0.46 on Wednesday, hitting $42.14. The stock had a trading volume of 253 shares, compared to its average volume of 431. The business’s 50-day simple moving average is $36.46 and its two-hundred day simple moving average is $36.62. Miller Value Partners Leverage ETF has a 52-week low of $27.98 and a 52-week high of $42.15.

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.