Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) Stock Short Interest Drops 42.4%

Adaptive Alpha Opportunities ETF (NYSEARCA:AGOX) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 21,381 shares, a decline of 42.4% from the August 31st total of 37,130 shares. Based on an average daily trading volume, of 34,515 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.2% of the shares of the stock are sold short.

Adaptive Alpha Opportunities ETF Trading Up 0.5%

Shares of NYSEARCA:AGOX traded up $0.16 during midday trading on Wednesday, reaching $33.49. 6,841 shares of the company were exchanged, compared to its average volume of 72,385. The stock has a market cap of $381.12 million, a PE ratio of 28.68 and a beta of 1.08. The business’s fifty day moving average is $33.67 and its two-hundred day moving average is $32.65. Adaptive Alpha Opportunities ETF has a one year low of $25.65 and a one year high of $35.80.

About Adaptive Alpha Opportunities ETF

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.