Aptus Defined Risk ETF (BATS:DRSK) Shares Shorted: Short Interest Up 16,578.7% in October

Aptus Defined Risk ETF (BATS:DRSK) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 187,969 shares, a growth of 16,578.7% from the September 30th total of 1,127 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 180,573 shares, the days-to-cover ratio is currently 1.0 days.

Aptus Defined Risk ETF Stock Up 0.1%

Shares of BATS DRSK traded up $0.02 during midday trading on Monday, reaching $27.20. 63,459 shares of the stock were exchanged, compared to its average volume of 149,078. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of 26.47 and a beta of 0.37. The firm has a 50-day simple moving average of $27.77 and a two-hundred day simple moving average of $28.44. Aptus Defined Risk ETF has a twelve month low of $26.95 and a twelve month high of $30.15.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Aptus Defined Risk ETF stock. Valeo Financial Advisors LLC bought a new stake in shares of Aptus Defined Risk ETF (BATS:DRSK) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 14,197 shares of the company’s stock, valued at approximately $408,000.

Aptus Defined Risk ETF Company Profile

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.