Miller Value Partners Leverage ETF (NYSEARCA:MVPL) Sees Significant Decrease in Short Interest

Miller Value Partners Leverage ETF (NYSEARCA:MVPL) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 403 shares, a decrease of 53.7% from the June 30th total of 871 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 376 shares, the short-interest ratio is currently 1.1 days.

Miller Value Partners Leverage ETF Price Performance

Shares of MVPL traded up $0.72 during mid-day trading on Thursday, reaching $41.00. 1,217 shares of the company were exchanged, compared to its average volume of 461. Miller Value Partners Leverage ETF has a 52 week low of $32.03 and a 52 week high of $43.95. The business has a 50 day simple moving average of $42.22 and a two-hundred day simple moving average of $38.79.

About Miller Value Partners Leverage ETF

The Miller Value Partners Leverage ETF (MVPL) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages exposure to the S&P 500 Index using leveraged and unleveraged positions based on a daily trading signal from the adviser’s proprietary model. MVPL was launched on Feb 28, 2024 and is issued by Miller.