Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) Short Interest Down 34.2% in February

Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) was the recipient of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 13,629 shares, a decline of 34.2% from the January 29th total of 20,711 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 66,663 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 66,663 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Adaptive Alpha Opportunities ETF Price Performance

Shares of NYSEARCA AGOX traded down $0.02 during trading on Monday, reaching $29.25. 18,890 shares of the stock traded hands, compared to its average volume of 88,768. The stock has a market capitalization of $361.48 million, a P/E ratio of 28.68 and a beta of 0.96. Adaptive Alpha Opportunities ETF has a 52-week low of $21.31 and a 52-week high of $31.63. The company has a 50-day moving average of $29.63 and a 200-day moving average of $30.02.

Institutional Investors Weigh In On Adaptive Alpha Opportunities ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of AGOX. Janney Montgomery Scott LLC boosted its stake in Adaptive Alpha Opportunities ETF by 17.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 11,830 shares of the company’s stock worth $338,000 after purchasing an additional 1,727 shares during the period. Captrust Financial Advisors grew its stake in Adaptive Alpha Opportunities ETF by 3.2% during the fourth quarter. Captrust Financial Advisors now owns 15,245 shares of the company’s stock valued at $435,000 after acquiring an additional 467 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in Adaptive Alpha Opportunities ETF by 95.8% during the 1st quarter. NewEdge Advisors LLC now owns 44,090 shares of the company’s stock worth $1,079,000 after acquiring an additional 21,572 shares during the period.

Adaptive Alpha Opportunities ETF Company Profile

The Adaptive Alpha Opportunities ETF (AGOX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed, multi-asset fund that tactically allocates for capital appreciation. AGOX was launched on Sep 20, 2012 and is managed by Adaptive.