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

Aptus Defined Risk ETF (BATS:DRSK) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 1,127 shares, a drop of 91.3% from the September 15th total of 12,925 shares. Based on an average daily trading volume, of 231,346 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On Aptus Defined Risk ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Compass Financial Management LLC acquired a new stake in shares of Aptus Defined Risk ETF during the 2nd quarter worth approximately $103,000. Valeo Financial Advisors LLC bought a new stake in shares of Aptus Defined Risk ETF in the 2nd quarter worth approximately $408,000. Finally, Parallel Advisors LLC lifted its holdings in shares of Aptus Defined Risk ETF by 3.7% in the 4th quarter. Parallel Advisors LLC now owns 15,699 shares of the company’s stock worth $447,000 after purchasing an additional 565 shares during the last quarter.

Aptus Defined Risk ETF Stock Performance

Shares of BATS DRSK traded up $0.01 during midday trading on Friday, hitting $27.27. The company’s stock had a trading volume of 163,258 shares, compared to its average volume of 147,340. Aptus Defined Risk ETF has a 1-year low of $26.95 and a 1-year high of $30.15. The firm’s fifty day moving average price is $28.13 and its 200-day moving average price is $28.45. The firm has a market cap of $1.20 billion, a P/E ratio of 26.47 and a beta of 0.37.

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.