Miller Value Partners Leverage ETF (NYSEARCA:MVPL) Sees Significant Increase in Short Interest

Miller Value Partners Leverage ETF (NYSEARCA:MVPL) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 1,923 shares, a growth of 80.2% from the August 31st total of 1,067 shares. Based on an average trading volume of 1,732 shares, the short-interest ratio is currently 1.1 days. Currently, 0.3% of the shares of the company are sold short.

Miller Value Partners Leverage ETF Stock Performance

MVPL stock traded down $0.14 during midday trading on Tuesday, reaching $43.84. The company had a trading volume of 42 shares, compared to its average volume of 1,336. The stock has a 50 day moving average price of $43.79 and a 200 day moving average price of $41.10. Miller Value Partners Leverage ETF has a fifty-two week low of $32.95 and a fifty-two week high of $45.75.

Miller Value Partners Leverage ETF Company Profile

The Miller Value Partners Leverage ETF (MVPL) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages exposure to the S&P 500 Index using leveraged and unleveraged positions based on a daily trading signal from the adviser’s proprietary model. MVPL was launched on Feb 28, 2024 and is issued by Miller.