Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) Short Interest Update

Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) was the recipient of a large growth in short interest in March. As of March 13th, there was short interest totaling 24,383 shares, a growth of 918.5% from the February 26th total of 2,394 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 55,878 shares, the days-to-cover ratio is presently 0.4 days.

Adaptive Alpha Opportunities ETF Price Performance

AGOX stock traded down $0.31 during trading on Thursday, hitting $26.41. The stock had a trading volume of 90,166 shares, compared to its average volume of 79,004. Adaptive Alpha Opportunities ETF has a twelve month low of $21.31 and a twelve month high of $31.63. The company’s 50-day moving average price is $28.97 and its two-hundred day moving average price is $29.76. The stock has a market capitalization of $326.43 million, a P/E ratio of 28.68 and a beta of 0.96.

Institutional Trading of Adaptive Alpha Opportunities ETF

Large investors have recently made changes to their positions in the company. NewEdge Advisors LLC raised its stake in Adaptive Alpha Opportunities ETF by 95.8% in the 1st quarter. NewEdge Advisors LLC now owns 44,090 shares of the company’s stock valued at $1,079,000 after purchasing an additional 21,572 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of Adaptive Alpha Opportunities ETF by 17.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 11,830 shares of the company’s stock worth $338,000 after buying an additional 1,727 shares in the last quarter. Finally, Captrust Financial Advisors raised its position in shares of Adaptive Alpha Opportunities ETF by 3.2% in the fourth quarter. Captrust Financial Advisors now owns 15,245 shares of the company’s stock valued at $435,000 after buying an additional 467 shares during the last quarter.

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.