Strive 1000 Value ETF (NYSE:STXV) Sees Large Drop in Short Interest

Strive 1000 Value ETF (NYSE:STXV) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 1,036 shares, a decline of 45.1% from the August 31st total of 1,886 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 10,510 shares, the short-interest ratio is currently 0.1 days.

Strive 1000 Value ETF Stock Performance

STXV stock traded down $0.20 during midday trading on Wednesday, reaching $37.59. 13,005 shares of the company were exchanged, compared to its average volume of 8,741. Strive 1000 Value ETF has a 1-year low of $31.64 and a 1-year high of $40.05. The stock’s 50-day simple moving average is $39.16 and its 200 day simple moving average is $37.67. The company has a market cap of $77.06 million, a price-to-earnings ratio of 16.42 and a beta of 0.68.

Hedge Funds Weigh In On Strive 1000 Value ETF

An institutional investor recently bought a new stake in Strive 1000 Value ETF stock. Longview Financial Advisors Inc. acquired a new position in shares of Strive 1000 Value ETF (NYSE:STXV) in the first quarter, according to its most recent disclosure with the SEC. The firm acquired 2,230 shares of the company’s stock, valued at approximately $78,000. Longview Financial Advisors Inc. owned 0.11% of Strive 1000 Value ETF at the end of the most recent quarter.

About Strive 1000 Value ETF

The Strive 1000 Value ETF (STXV) is an exchange-traded fund that is based on the Bloomberg US 1000 Value index. The fund tracks the total return performance of an index composed of US-listed large- and mid-cap companies that exhibit value characteristics. The index selects securities based on fundamental factors and weights them according to free-float market cap. STXV was launched on Nov 10, 2022 and is issued by Alpha Architect.