Aptus Drawdown Managed Equity ETF (BATS:ADME) Sees Significant Growth in Short Interest

Aptus Drawdown Managed Equity ETF (BATS:ADME) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 17,136 shares, a growth of 102.4% from the September 30th total of 8,467 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 7,752 shares, the short-interest ratio is presently 2.2 days.

Aptus Drawdown Managed Equity ETF Stock Performance

Shares of BATS ADME opened at $55.59 on Monday. Aptus Drawdown Managed Equity ETF has a 1-year low of $48.24 and a 1-year high of $57.42. The firm has a market cap of $255.16 million, a P/E ratio of 25.80 and a beta of 0.79. The business’s 50 day moving average is $56.42 and its 200-day moving average is $54.31.

Institutional Investors Weigh In On Aptus Drawdown Managed Equity ETF

An institutional investor recently bought a new position in Aptus Drawdown Managed Equity ETF stock. Valeo Financial Advisors LLC acquired a new position in shares of Aptus Drawdown Managed Equity ETF (BATS:ADME) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 4,153 shares of the company’s stock, valued at approximately $231,000. Valeo Financial Advisors LLC owned about 0.09% of Aptus Drawdown Managed Equity ETF as of its most recent SEC filing.

About Aptus Drawdown Managed Equity ETF

The Aptus Drawdown Managed Equity ETF (ADME) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to select large-cap US stocks that exhibit positive fundamental and momentum characteristics combined with a downside hedge. ADME was launched on Jun 8, 2016 and is managed by Aptus.