American Conservative Values ETF (NYSEARCA:ACVF) Short Interest Update

American Conservative Values ETF (NYSEARCA:ACVF) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 207 shares, a decline of 43.1% from the June 30th total of 364 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 4,013 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC bought a new position in shares of American Conservative Values ETF during the 4th quarter valued at approximately $85,000. RMG Wealth Management LLC bought a new stake in shares of American Conservative Values ETF in the 1st quarter worth approximately $92,000. Larson Financial Group LLC purchased a new position in American Conservative Values ETF in the third quarter valued at approximately $94,000. Bank of Montreal Can lifted its stake in American Conservative Values ETF by 10.9% in the fourth quarter. Bank of Montreal Can now owns 2,090 shares of the company’s stock valued at $103,000 after purchasing an additional 206 shares during the last quarter. Finally, Western Wealth Management LLC bought a new position in American Conservative Values ETF during the first quarter valued at $111,000.

American Conservative Values ETF Trading Up 1.7%

Shares of NYSEARCA:ACVF traded up $0.89 during midday trading on Thursday, reaching $53.71. The company had a trading volume of 1,378 shares, compared to its average volume of 6,577. The company’s 50 day moving average price is $53.75 and its 200 day moving average price is $51.36. The stock has a market cap of $150.39 million, a P/E ratio of 25.85 and a beta of 0.95. American Conservative Values ETF has a 52-week low of $46.50 and a 52-week high of $54.90.

About American Conservative Values ETF

The American Conservative Values ETF (ACVF) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies that are perceived to align with political conservative values. ACVF was launched on Oct 29, 2020 and is managed by ACV.