Short Interest in Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) Drops By 12.4%

Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) was the recipient of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 15,310 shares, a decrease of 12.4% from the December 31st total of 17,468 shares. Based on an average daily volume of 50,052 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 50,052 shares, the short-interest ratio is presently 0.3 days.

Adaptive Alpha Opportunities ETF Price Performance

AGOX stock opened at $29.73 on Tuesday. The company’s 50-day moving average is $29.73 and its 200-day moving average is $30.06. The stock has a market capitalization of $367.17 million, a PE ratio of 28.68 and a beta of 0.96. Adaptive Alpha Opportunities ETF has a 1 year low of $21.31 and a 1 year high of $31.63.

Institutional Investors Weigh In On Adaptive Alpha Opportunities ETF

A hedge fund recently bought a new stake in Adaptive Alpha Opportunities ETF stock. Janney Montgomery Scott LLC acquired a new stake in shares of Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,103 shares of the company’s stock, valued at approximately $269,000. Janney Montgomery Scott LLC owned approximately 0.08% of Adaptive Alpha Opportunities ETF as of its most recent SEC filing.

Adaptive Alpha Opportunities ETF Company Profile

The Adaptive Alpha Opportunities ETF (AGOX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed, multi-asset fund that tactically allocates for capital appreciation. AGOX was launched on Sep 20, 2012 and is managed by Adaptive.