Adaptiv Select ETF (NYSEARCA:ADPV – Get Free Report) was the target of a large increase in short interest in October. As of October 30th, there was short interest totaling 2,501 shares, an increase of 5,110.4% from the October 15th total of 48 shares. Based on an average daily volume of 6,107 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are short sold.
Adaptiv Select ETF Stock Performance
ADPV stock traded up $0.13 during mid-day trading on Tuesday, hitting $43.25. 727 shares of the company were exchanged, compared to its average volume of 11,517. Adaptiv Select ETF has a 1-year low of $38.57 and a 1-year high of $49.71. The firm’s 50 day simple moving average is $44.01 and its 200 day simple moving average is $44.62. The firm has a market cap of $173 million, a P/E ratio of 15.14 and a beta of 0.91.
About Adaptiv Select ETF
The Adaptiv Select ETF (ADPV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that toggles between US large-cap equities and short-term US Treasurys, based on momentum. The fund’s strategy aims to limit drawdowns during market downtrends. ADPV was launched on Nov 4, 2022 and is managed by Adaptiv.
See Also
- Five stocks we like better than Adaptiv Select ETF
- Why Kinder Morgan’s Chairman Just Bought $15 Million in Stock
- Rocket Lab’s Record Backlog Could Fuel a Rebound, But Neutron Raises the Stakes
- Don’t Let Their Low Yields Fool You: 3 Dividend Stocks Worth Watching
- A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions
Receive News & Ratings for Adaptiv Select ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adaptiv Select ETF and related companies with MarketBeat.com's FREE daily email newsletter.
