Brookstone Active ETF (BATS:BAMA) Sees Large Growth in Short Interest

Brookstone Active ETF (BATS:BAMA) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 1,129 shares, a growth of 329.3% from the May 14th total of 263 shares. Based on an average daily volume of 3,672 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Brookstone Active ETF Stock Performance

Brookstone Active ETF stock opened at $35.55 on Thursday. Brookstone Active ETF has a 52 week low of $31.00 and a 52 week high of $37.10. The stock has a market capitalization of $47.99 million, a P/E ratio of 24.54 and a beta of 0.66. The stock has a 50-day simple moving average of $35.52 and a 200 day simple moving average of $34.57.

About Brookstone Active ETF

The Brookstone Active ETF (BAMA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to provide total return by investing in stocks, bonds, and cash and cash equivalents. The fund typically allocates 40%-80% of its assets in stocks BAMA was launched on Sep 28, 2023 and is issued by Brookstone.