Short Interest in Aptus Defined Risk ETF (BATS:DRSK) Expands By 128.1%

Aptus Defined Risk ETF (BATS:DRSK) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 128,141 shares, a growth of 128.1% from the May 31st total of 56,189 shares. Based on an average daily volume of 132,940 shares, the short-interest ratio is currently 1.0 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Integrated Wealth Concepts LLC increased its holdings in shares of Aptus Defined Risk ETF by 11.9% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 6,592,015 shares of the company’s stock worth $190,048,000 after acquiring an additional 702,103 shares during the last quarter. Advisory Services Network LLC lifted its holdings in Aptus Defined Risk ETF by 4.5% during the 4th quarter. Advisory Services Network LLC now owns 797,323 shares of the company’s stock valued at $22,700,000 after purchasing an additional 34,007 shares during the last quarter. Park Place Capital Corp boosted its position in Aptus Defined Risk ETF by 8.7% during the fourth quarter. Park Place Capital Corp now owns 657,299 shares of the company’s stock worth $18,713,000 after purchasing an additional 52,600 shares during the period. Pandora Wealth Inc. boosted its position in Aptus Defined Risk ETF by 1.0% during the fourth quarter. Pandora Wealth Inc. now owns 373,268 shares of the company’s stock worth $10,627,000 after purchasing an additional 3,555 shares during the period. Finally, Parallel Advisors LLC increased its holdings in shares of Aptus Defined Risk ETF by 3.7% in the fourth quarter. Parallel Advisors LLC now owns 15,699 shares of the company’s stock valued at $447,000 after purchasing an additional 565 shares during the last quarter.

Aptus Defined Risk ETF Stock Performance

Aptus Defined Risk ETF stock opened at $29.10 on Monday. The stock has a 50-day simple moving average of $29.04 and a 200 day simple moving average of $28.49. The stock has a market capitalization of $1.28 billion, a P/E ratio of 26.47 and a beta of 0.37. Aptus Defined Risk ETF has a 52 week low of $27.10 and a 52 week high of $30.15.

About Aptus Defined Risk ETF

The Aptus Defined Risk ETF (DRSK) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that combines US corporate bond exposure with an overlay of call options on US large-cap stocks. The fund seeks income and capital appreciation. DRSK was launched on Aug 8, 2018 and is managed by Aptus.