Aptus International Enhanced Yield ETF (BATS:IDUB) Sees Large Drop in Short Interest

Aptus International Enhanced Yield ETF (BATS:IDUB) was the recipient of a significant drop in short interest in May. As of May 29th, there was short interest totaling 23,513 shares, a drop of 50.0% from the May 14th total of 46,981 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 33,929 shares, the days-to-cover ratio is presently 0.7 days.

Hedge Funds Weigh In On Aptus International Enhanced Yield ETF

A number of institutional investors have recently added to or reduced their stakes in IDUB. Advisory Services Network LLC bought a new stake in Aptus International Enhanced Yield ETF during the fourth quarter worth $461,000. Waterloo Capital L.P. grew its position in shares of Aptus International Enhanced Yield ETF by 4.6% in the 4th quarter. Waterloo Capital L.P. now owns 976,956 shares of the company’s stock valued at $23,769,000 after acquiring an additional 43,073 shares during the period. Finally, Park Place Capital Corp grew its position in shares of Aptus International Enhanced Yield ETF by 3.6% in the 4th quarter. Park Place Capital Corp now owns 1,038,418 shares of the company’s stock valued at $25,265,000 after acquiring an additional 36,342 shares during the period.

Aptus International Enhanced Yield ETF Stock Up 0.8%

BATS:IDUB opened at $27.73 on Friday. Aptus International Enhanced Yield ETF has a twelve month low of $21.84 and a twelve month high of $28.16. The firm has a market capitalization of $395.15 million, a price-to-earnings ratio of 15.58 and a beta of 0.59. The stock’s 50 day moving average price is $26.91 and its two-hundred day moving average price is $25.81.

About Aptus International Enhanced Yield ETF

The Aptus International Enhanced Yield (IDUB) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of funds that seeks capital appreciation and current income. The fund selects global ex-US ETFs that exhibit positive fundamental and momentum characteristics combined with equity-linked notes and options strategy. IDUB was launched on Jul 22, 2021 and is managed by Aptus Capital Advisors.