Aptus Drawdown Managed Equity ETF (BATS:ADME) Shares Shorted: Short Interest Down 57.5% in September

Aptus Drawdown Managed Equity ETF (BATS:ADME) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 8,467 shares, a decline of 57.5% from the September 15th total of 19,910 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 9,242 shares, the days-to-cover ratio is presently 0.9 days.

Aptus Drawdown Managed Equity ETF Trading Down 1.3%

Aptus Drawdown Managed Equity ETF stock opened at $56.29 on Thursday. Aptus Drawdown Managed Equity ETF has a 1 year low of $48.24 and a 1 year high of $57.42. The company has a market cap of $258.37 million, a PE ratio of 25.80 and a beta of 0.79. The company’s 50-day moving average is $56.53 and its two-hundred day moving average is $55.18.

Institutional Trading of Aptus Drawdown Managed Equity ETF

A hedge fund recently bought a new position in Aptus Drawdown Managed Equity ETF stock. Ascentis Independent Advisors acquired a new stake in Aptus Drawdown Managed Equity ETF (BATS:ADME) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 1,896 shares of the company’s stock, valued at approximately $94,000.

About Aptus Drawdown Managed Equity ETF

The Aptus Drawdown Managed Equity ETF (ADME) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to select large-cap US stocks that exhibit positive fundamental and momentum characteristics combined with a downside hedge. ADME was launched on Jun 8, 2016 and is managed by Aptus.