Adaptiv Select ETF (NYSEARCA:ADPV) Short Interest Update

Adaptiv Select ETF (NYSEARCA:ADPV) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,439 shares, an increase of 827.4% from the August 15th total of 263 shares. Based on an average daily volume of 9,541 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

Adaptiv Select ETF Trading Up 1.0%

NYSEARCA ADPV traded up $0.46 during trading hours on Friday, reaching $45.23. The company had a trading volume of 3,112 shares, compared to its average volume of 12,302. The stock has a market capitalization of $180.47 million, a P/E ratio of 7.92 and a beta of 0.91. The stock has a 50-day moving average of $45.37 and a 200 day moving average of $44.83. Adaptiv Select ETF has a 1-year low of $38.57 and a 1-year high of $49.71.

Adaptiv Select ETF Company Profile

The Adaptiv Select ETF (ADPV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that toggles between US large-cap equities and short-term US Treasurys, based on momentum. The fund’s strategy aims to limit drawdowns during market downtrends. ADPV was launched on Nov 4, 2022 and is managed by Adaptiv.