Aptus Large Cap Upside ETF (BATS:UPSD) Sees Large Decline in Short Interest

Aptus Large Cap Upside ETF (BATS:UPSD) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 20,559 shares, a decline of 64.1% from the April 30th total of 57,338 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average daily volume of 17,337 shares, the short-interest ratio is currently 1.2 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Princeton Global Asset Management LLC acquired a new position in shares of Aptus Large Cap Upside ETF in the 1st quarter worth approximately $29,000. Advisory Services Network LLC lifted its position in shares of Aptus Large Cap Upside ETF by 852.4% in the 4th quarter. Advisory Services Network LLC now owns 9,524 shares of the company’s stock worth $255,000 after purchasing an additional 8,524 shares during the period. Waterloo Capital L.P. lifted its position in shares of Aptus Large Cap Upside ETF by 2.4% in the 4th quarter. Waterloo Capital L.P. now owns 407,706 shares of the company’s stock worth $10,918,000 after purchasing an additional 9,651 shares during the period. Finally, Park Place Capital Corp lifted its position in shares of Aptus Large Cap Upside ETF by 5.6% in the 4th quarter. Park Place Capital Corp now owns 528,350 shares of the company’s stock worth $14,149,000 after purchasing an additional 28,104 shares during the period.

Aptus Large Cap Upside ETF Stock Performance

Shares of BATS UPSD opened at $28.60 on Friday. The company has a market capitalization of $89.52 million and a P/E ratio of 25.68. Aptus Large Cap Upside ETF has a 52-week low of $23.39 and a 52-week high of $28.67. The company’s 50 day moving average price is $26.92 and its 200-day moving average price is $27.02.

About Aptus Large Cap Upside ETF

The Aptus Large Cap Upside ETF (UPSD) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed portfolio of large-cap US companies selected for their quality, value, and growth characteristics. It seeks enhanced total returns by layering additional return drivers. UPSD was launched on Nov 20, 2024 and is issued by Aptus Capital Advisors.