AOT Growth & Innovation ETF (NASDAQ:AOTG) Sees Significant Increase in Short Interest

AOT Growth & Innovation ETF (NASDAQ:AOTG) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 3,337 shares, a growth of 690.8% from the July 15th total of 422 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 4,624 shares, the days-to-cover ratio is currently 0.7 days.

AOT Growth & Innovation ETF Stock Up 1.9%

Shares of NASDAQ:AOTG traded up $1.20 during trading on Thursday, hitting $64.95. 969 shares of the stock traded hands, compared to its average volume of 7,474. The company has a fifty day moving average price of $62.64 and a two-hundred day moving average price of $56.77. AOT Growth & Innovation ETF has a 52-week low of $45.21 and a 52-week high of $67.08. The company has a market cap of $103.27 million, a price-to-earnings ratio of 43.07 and a beta of 1.45.

About AOT Growth & Innovation ETF

The AOT Growth and Innovation ETF (AOTG) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in a growth portfolio of low marginal cost companies in the US. Stocks are selected based on proprietary fundamental research and criteria. AOTG was launched on Jun 29, 2022 and is managed by Alpha Architect.