Aptus International Enhanced Yield ETF (BATS:IDUB) Sees Large Decline in Short Interest
by Danessa Lincoln · The Markets DailyAptus International Enhanced Yield ETF (BATS:IDUB – Get Free Report) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 23,513 shares, a decline of 50.0% from the May 14th total of 46,981 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 33,929 shares, the days-to-cover ratio is currently 0.7 days.
Aptus International Enhanced Yield ETF Stock Up 1.6%
IDUB stock traded up $0.43 during trading on Monday, hitting $28.16. 447 shares of the company’s stock traded hands, compared to its average volume of 40,055. The stock has a market capitalization of $401.28 million, a price-to-earnings ratio of 15.58 and a beta of 0.59. Aptus International Enhanced Yield ETF has a 52 week low of $21.84 and a 52 week high of $28.37. The stock has a fifty day moving average price of $26.91 and a two-hundred day moving average price of $25.83.
Institutional Investors Weigh In On Aptus International Enhanced Yield ETF
A number of institutional investors have recently modified their holdings of IDUB. Advisory Services Network LLC acquired a new stake in Aptus International Enhanced Yield ETF during the fourth quarter worth about $461,000. Waterloo Capital L.P. grew its holdings in shares of Aptus International Enhanced Yield ETF by 4.6% during the fourth quarter. Waterloo Capital L.P. now owns 976,956 shares of the company’s stock valued at $23,769,000 after purchasing an additional 43,073 shares during the last quarter. Finally, Park Place Capital Corp raised its position in shares of Aptus International Enhanced Yield ETF by 3.6% during the 4th quarter. Park Place Capital Corp now owns 1,038,418 shares of the company’s stock worth $25,265,000 after purchasing an additional 36,342 shares during the period.
About Aptus International Enhanced Yield ETF
The Aptus International Enhanced Yield (IDUB) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of funds that seeks capital appreciation and current income. The fund selects global ex-US ETFs that exhibit positive fundamental and momentum characteristics combined with equity-linked notes and options strategy. IDUB was launched on Jul 22, 2021 and is managed by Aptus Capital Advisors.