Aptus Defined Risk ETF (BATS:DRSK) Short Interest Update

Aptus Defined Risk ETF (BATS:DRSK) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 128,141 shares, a growth of 128.1% from the May 31st total of 56,189 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 132,940 shares, the days-to-cover ratio is presently 1.0 days.

Aptus Defined Risk ETF Price Performance

Shares of DRSK opened at $28.80 on Tuesday. The stock has a market capitalization of $1.27 billion, a price-to-earnings ratio of 26.47 and a beta of 0.37. Aptus Defined Risk ETF has a 1 year low of $27.10 and a 1 year high of $30.15. The business’s 50 day simple moving average is $29.04 and its 200-day simple moving average is $28.49.

Institutional Investors Weigh In On Aptus Defined Risk ETF

Large investors have recently bought and sold shares of the business. Parallel Advisors LLC raised its stake in Aptus Defined Risk ETF by 1,649.6% during the third quarter. Parallel Advisors LLC now owns 15,134 shares of the company’s stock valued at $436,000 after purchasing an additional 14,269 shares in the last quarter. Integrated Wealth Concepts LLC lifted its position in Aptus Defined Risk ETF by 11.9% during the third quarter. Integrated Wealth Concepts LLC now owns 6,592,015 shares of the company’s stock valued at $190,048,000 after purchasing an additional 702,103 shares during the last quarter. Park Place Capital Corp grew its stake in shares of Aptus Defined Risk ETF by 8.7% in the 4th quarter. Park Place Capital Corp now owns 657,299 shares of the company’s stock worth $18,713,000 after buying an additional 52,600 shares in the last quarter. Princeton Global Asset Management LLC purchased a new position in shares of Aptus Defined Risk ETF in the 4th quarter worth $118,000. Finally, Private Trust Co. NA increased its holdings in shares of Aptus Defined Risk ETF by 129.7% in the 4th quarter. Private Trust Co. NA now owns 3,733 shares of the company’s stock worth $106,000 after buying an additional 2,108 shares during the last quarter.

About Aptus Defined Risk ETF

The Aptus Defined Risk ETF (DRSK) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that combines US corporate bond exposure with an overlay of call options on US large-cap stocks. The fund seeks income and capital appreciation. DRSK was launched on Aug 8, 2018 and is managed by Aptus.