Adaptiv Select ETF (NYSEARCA:ADPV) Stock Short Interest Report for September

Adaptiv Select ETF (NYSEARCA:ADPV) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 18,985 shares, an increase of 1,093.3% from the September 15th total of 1,591 shares. Based on an average trading volume of 11,900 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.5% of the shares of the stock are sold short.

Adaptiv Select ETF Stock Up 0.9%

Shares of ADPV traded up $0.39 during trading hours on Friday, reaching $44.28. 7,935 shares of the company traded hands, compared to its average volume of 12,097. The stock has a market capitalization of $177.12 million, a PE ratio of 7.92 and a beta of 0.92. Adaptiv Select ETF has a fifty-two week low of $38.57 and a fifty-two week high of $49.71. The stock has a fifty day simple moving average of $44.73 and a 200 day simple moving average of $44.99.

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.