Aptus Drawdown Managed Equity ETF (BATS:ADME) Short Interest Update

Aptus Drawdown Managed Equity ETF (BATS:ADME) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 11,563 shares, a growth of 57.9% from the May 14th total of 7,322 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 11,013 shares, the short-interest ratio is presently 1.0 days.

Aptus Drawdown Managed Equity ETF Stock Up 1.6%

Shares of ADME opened at $56.16 on Tuesday. The stock has a market capitalization of $257.77 million, a P/E ratio of 25.80 and a beta of 0.79. The firm has a fifty day simple moving average of $54.25 and a two-hundred day simple moving average of $52.40. Aptus Drawdown Managed Equity ETF has a twelve month low of $46.58 and a twelve month high of $56.67.

Institutional Investors Weigh In On Aptus Drawdown Managed Equity ETF

Institutional investors have recently added to or reduced their stakes in the company. Princeton Global Asset Management LLC purchased a new stake in Aptus Drawdown Managed Equity ETF during the 4th quarter valued at $56,000. Ascentis Independent Advisors purchased a new stake in Aptus Drawdown Managed Equity ETF during the 1st quarter valued at $94,000. JPMorgan Chase & Co. boosted its position in Aptus Drawdown Managed Equity ETF by 108.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,872 shares of the company’s stock valued at $147,000 after buying an additional 1,492 shares during the period. Advisory Services Network LLC boosted its position in Aptus Drawdown Managed Equity ETF by 35.7% during the 4th quarter. Advisory Services Network LLC now owns 21,670 shares of the company’s stock valued at $1,112,000 after buying an additional 5,701 shares during the period. Finally, Waterloo Capital L.P. boosted its position in Aptus Drawdown Managed Equity ETF by 1.6% during the 4th quarter. Waterloo Capital L.P. now owns 263,007 shares of the company’s stock valued at $13,495,000 after buying an additional 4,218 shares during the period.

Aptus Drawdown Managed Equity ETF Company Profile

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.