Aptus Drawdown Managed Equity ETF (BATS:ADME) Shares Shorted: Short Interest Down 75.3% in October

Aptus Drawdown Managed Equity ETF (BATS:ADME) saw a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 4,234 shares, a decline of 75.3% from the October 15th total of 17,136 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 19,845 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Aptus Drawdown Managed Equity ETF

An institutional investor recently bought a new stake in Aptus Drawdown Managed Equity ETF stock. Valeo Financial Advisors LLC bought a new position in Aptus Drawdown Managed Equity ETF (BATS:ADME) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,153 shares of the company’s stock, valued at approximately $231,000. Valeo Financial Advisors LLC owned approximately 0.09% of Aptus Drawdown Managed Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Aptus Drawdown Managed Equity ETF Stock Performance

ADME opened at $55.38 on Friday. The firm has a market cap of $304.04 million, a P/E ratio of 23.42 and a beta of 0.81. Aptus Drawdown Managed Equity ETF has a 52-week low of $48.24 and a 52-week high of $57.42. The business’s fifty day moving average is $56.22 and its 200-day moving average is $54.48.

Aptus Drawdown Managed Equity ETF Company Profile

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.