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

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Parallel Advisors LLC increased its position in Aptus Defined Risk ETF by 3.7% during the fourth quarter. Parallel Advisors LLC now owns 15,699 shares of the company’s stock valued at $447,000 after acquiring an additional 565 shares during the last quarter. Private Trust Co. NA lifted 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 acquiring an additional 2,108 shares during the last quarter. Pandora Wealth Inc. boosted its stake in shares of Aptus Defined Risk ETF by 1.0% during the 4th quarter. Pandora Wealth Inc. now owns 373,268 shares of the company’s stock worth $10,627,000 after purchasing an additional 3,555 shares during the period. Princeton Global Asset Management LLC purchased a new position in shares of Aptus Defined Risk ETF during the 4th quarter worth about $118,000. Finally, Virtue Capital Management LLC boosted its stake in shares of Aptus Defined Risk ETF by 2,572.8% during the 4th quarter. Virtue Capital Management LLC now owns 10,531 shares of the company’s stock worth $299,000 after purchasing an additional 10,137 shares during the period.

Aptus Defined Risk ETF Stock Performance

BATS DRSK opened at $28.75 on Wednesday. The company has a market cap of $1.27 billion, a P/E ratio of 26.47 and a beta of 0.37. The business’s 50 day moving average price is $29.04 and its 200-day moving average price is $28.49. Aptus Defined Risk ETF has a fifty-two week low of $27.10 and a fifty-two week high of $30.15.

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.