American Conservative Values ETF (NYSEARCA:ACVF) Short Interest Up 1,973.4% in July

American Conservative Values ETF (NYSEARCA:ACVF) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 4,292 shares, a growth of 1,973.4% from the July 15th total of 207 shares. Based on an average daily volume of 4,689 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.2% of the shares of the stock are sold short.

American Conservative Values ETF Stock Up 0.1%

Shares of American Conservative Values ETF stock opened at $56.23 on Wednesday. The company has a market capitalization of $159.13 million, a price-to-earnings 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 $56.43. The firm’s 50-day moving average price is $54.03 and its two-hundred day moving average price is $51.69.

Institutional Trading of American Conservative Values ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Western Wealth Management LLC bought a new position in American Conservative Values ETF in the first quarter valued at approximately $111,000. RMG Wealth Management LLC bought a new stake in American Conservative Values ETF during the first quarter worth $92,000. D.A. Davidson & CO. boosted its holdings in shares of American Conservative Values ETF by 3.7% in the 1st quarter. D.A. Davidson & CO. now owns 6,142 shares of the company’s stock valued at $292,000 after purchasing an additional 220 shares in the last quarter. Ascentis Independent Advisors boosted its holdings in shares of American Conservative Values ETF by 4.2% in the 1st quarter. Ascentis Independent Advisors now owns 6,588 shares of the company’s stock valued at $314,000 after purchasing an additional 264 shares in the last quarter. Finally, Baer Investment Advisory LLC acquired a new stake in shares of American Conservative Values ETF in the 1st quarter valued at $247,000.

American Conservative Values ETF Company Profile

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.