Short Interest in Aptus Defined Risk ETF (BATS:DRSK) Rises By 65.8%

Aptus Defined Risk ETF (BATS:DRSK) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 59,879 shares, a growth of 65.8% from the April 30th total of 36,112 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 96,756 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On Aptus Defined Risk ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Parallel Advisors LLC boosted its holdings in Aptus Defined Risk ETF by 3.7% in the fourth quarter. Parallel Advisors LLC now owns 15,699 shares of the company’s stock worth $447,000 after purchasing an additional 565 shares during the period. Private Trust Co. NA boosted its holdings in Aptus Defined Risk ETF by 129.7% in the fourth quarter. Private Trust Co. NA now owns 3,733 shares of the company’s stock worth $106,000 after purchasing an additional 2,108 shares during the period. Pandora Wealth Inc. boosted its holdings in Aptus Defined Risk ETF by 1.0% in the fourth quarter. Pandora Wealth Inc. now owns 373,268 shares of the company’s stock worth $10,627,000 after purchasing an additional 3,555 shares during the period. Princeton Global Asset Management LLC acquired a new position in Aptus Defined Risk ETF in the fourth quarter worth $118,000. Finally, Waterloo Capital L.P. boosted its holdings in Aptus Defined Risk ETF by 1.3% in the third quarter. Waterloo Capital L.P. now owns 705,979 shares of the company’s stock worth $20,353,000 after purchasing an additional 9,265 shares during the period.

Aptus Defined Risk ETF Price Performance

DRSK opened at $29.54 on Wednesday. The stock has a market capitalization of $1.30 billion, a PE ratio of 26.47 and a beta of 0.37. The firm’s fifty day moving average price is $28.45 and its 200 day moving average price is $28.49. Aptus Defined Risk ETF has a 12-month low of $27.10 and a 12-month high of $30.15.

Aptus Defined Risk ETF Company Profile

The Aptus Defined Risk ETF (DRSK) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that combines US corporate bond exposure with an overlay of call options on US large-cap stocks. The fund seeks income and capital appreciation. DRSK was launched on Aug 8, 2018 and is managed by Aptus.