Alpha Architect Tail Risk ETF (BATS:CAOS) Sees Significant Decline in Short Interest

Alpha Architect Tail Risk ETF (BATS:CAOS) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 24,577 shares, a drop of 56.8% from the August 31st total of 56,926 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 29,776 shares, the days-to-cover ratio is currently 0.8 days.

Hedge Funds Weigh In On Alpha Architect Tail Risk ETF

Several hedge funds have recently modified their holdings of the company. Wedmont Private Capital purchased a new stake in shares of Alpha Architect Tail Risk ETF during the 2nd quarter worth approximately $5,464,000. Bravias Capital Group LLC raised its stake in shares of Alpha Architect Tail Risk ETF by 72.3% in the first quarter. Bravias Capital Group LLC now owns 36,812 shares of the company’s stock valued at $3,341,000 after buying an additional 15,449 shares during the period. Citadel Advisors LLC purchased a new position in shares of Alpha Architect Tail Risk ETF during the 2nd quarter valued at $1,294,000. Beaird Harris Wealth Management LLC bought a new stake in Alpha Architect Tail Risk ETF in the 2nd quarter valued at about $1,963,000. Finally, Continuum Wealth Advisors LLC raised its position in shares of Alpha Architect Tail Risk ETF by 61.8% in the first quarter. Continuum Wealth Advisors LLC now owns 573,108 shares of the company’s stock valued at $52,015,000 after purchasing an additional 218,949 shares during the period.

Alpha Architect Tail Risk ETF Stock Performance

Shares of CAOS opened at $90.53 on Wednesday. Alpha Architect Tail Risk ETF has a 52 week low of $89.46 and a 52 week high of $90.97. The stock has a 50 day moving average price of $90.47 and a two-hundred day moving average price of $90.51. The firm has a market capitalization of $420.96 million, a P/E ratio of 25.21 and a beta of 0.10.

Alpha Architect Tail Risk ETF Company Profile

The Alpha Architect Tail Risk ETF (CAOS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund combines an options overlay strategy and protective options on the S&P 500 index with managing the funds fixed income collateral. The fund seeks income and capital appreciation. CAOS was launched on Mar 6, 2023 and is managed by Alpha Architect.