Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) Short Interest Up 115.2% in August

by · The Markets Daily

Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX – Get Free Report) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 37,130 shares, an increase of 115.2% from the August 15th total of 17,252 shares. Based on an average daily volume of 25,366 shares, the short-interest ratio is presently 1.5 days. Approximately 0.3% of the company’s shares are sold short.

Adaptive Alpha Opportunities ETF Price Performance

AGOX traded down $0.12 during midday trading on Tuesday, reaching $32.69. 5,539 shares of the company’s stock traded hands, compared to its average volume of 74,368. The firm has a fifty day moving average of $33.74 and a two-hundred day moving average of $32.29. The stock has a market capitalization of $368.73 million, a price-to-earnings ratio of 28.68 and a beta of 1.08. Adaptive Alpha Opportunities ETF has a 52 week low of $25.65 and a 52 week high of $35.80.

Adaptive Alpha Opportunities ETF Company Profile

(Get Free Report)

The Adaptive Alpha Opportunities ETF (AGOX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed, multi-asset fund that tactically allocates for capital appreciation. AGOX was launched on Sep 20, 2012 and is managed by Adaptive.

Recommended Stories