Short Interest in Brookstone Value Stock ETF (BATS:BAMV) Increases By 1,060.5%

Brookstone Value Stock ETF (BATS:BAMV) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 17,152 shares, a growth of 1,060.5% from the June 15th total of 1,478 shares. Based on an average daily volume of 18,130 shares, the short-interest ratio is currently 0.9 days. Currently, 0.5% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Brookstone Value Stock ETF stock. FSA Advisors Inc. grew its stake in Brookstone Value Stock ETF (BATS:BAMV) by 5.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,535 shares of the company’s stock after acquiring an additional 523 shares during the period. FSA Advisors Inc. owned 0.33% of Brookstone Value Stock ETF worth $342,000 at the end of the most recent quarter.

Brookstone Value Stock ETF Stock Up 0.5%

Shares of BAMV traded up $0.17 on Friday, hitting $36.00. The company’s stock had a trading volume of 6,645 shares, compared to its average volume of 12,400. The firm’s fifty day moving average price is $35.16 and its 200-day moving average price is $33.86. Brookstone Value Stock ETF has a fifty-two week low of $31.02 and a fifty-two week high of $36.01. The firm has a market capitalization of $115.56 million, a price-to-earnings ratio of 22.10 and a beta of 0.77.

About Brookstone Value Stock ETF

The Brookstone Value Stock ETF (BAMV) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US companies with strong value based on external and internal research. It selects both mid- to large-cap stocks. BAMV was launched on Sep 27, 2023 and is issued by Brookstone.