Short Interest in American Conservative Values ETF (NYSEARCA:ACVF) Decreases By 99.0%

American Conservative Values ETF (NYSEARCA:ACVF) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 215 shares, a decrease of 99.0% from the May 31st total of 21,887 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 6,400 shares, the days-to-cover ratio is presently 0.0 days.

American Conservative Values ETF Stock Down 0.2%

ACVF traded down $0.12 on Friday, hitting $53.50. The company’s stock had a trading volume of 6,088 shares, compared to its average volume of 7,013. The company’s 50 day simple moving average is $52.92 and its 200-day simple moving average is $50.68. The firm has a market cap of $151.41 million, a P/E ratio of 25.85 and a beta of 0.95. American Conservative Values ETF has a 12 month low of $46.50 and a 12 month high of $54.90.

Hedge Funds Weigh In On American Conservative Values ETF

A number of large investors have recently made changes to their positions in ACVF. Kestra Advisory Services LLC purchased a new position in shares of American Conservative Values ETF in the fourth quarter valued at $85,000. RMG Wealth Management LLC purchased a new stake in American Conservative Values ETF during the 1st quarter worth about $92,000. Larson Financial Group LLC bought a new position in American Conservative Values ETF in the 3rd quarter worth about $94,000. Bank of Montreal Can boosted its stake in American Conservative Values ETF by 10.9% in the 4th quarter. Bank of Montreal Can now owns 2,090 shares of the company’s stock worth $103,000 after purchasing an additional 206 shares during the period. Finally, Western Wealth Management LLC purchased a new position in American Conservative Values ETF during the 1st quarter valued at about $111,000.

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.