Bancreek US Large Cap ETF (NYSEARCA:BCUS) Sees Large Increase in Short Interest

Bancreek US Large Cap ETF (NYSEARCA:BCUS) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 9,116 shares, a growth of 301.9% from the August 15th total of 2,268 shares. Based on an average daily volume of 8,328 shares, the short-interest ratio is presently 1.1 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Trading of Bancreek US Large Cap ETF

An institutional investor recently bought a new position in Bancreek US Large Cap ETF stock. JPMorgan Chase & Co. purchased a new stake in Bancreek US Large Cap ETF (NYSEARCA:BCUS) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 867 shares of the company’s stock, valued at approximately $28,000.

Bancreek US Large Cap ETF Stock Up 1.2%

Shares of NYSEARCA BCUS opened at $34.93 on Friday. The stock’s 50 day moving average price is $35.68 and its two-hundred day moving average price is $34.94. Bancreek US Large Cap ETF has a 52-week low of $30.80 and a 52-week high of $37.56. The stock has a market capitalization of $149.85 million, a P/E ratio of 29.33 and a beta of 0.83.

About Bancreek US Large Cap ETF

The Bancreek U.S. Large Cap ETF (BCUS) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in US large-cap companies the sub-adviser believes exhibit structurally advantaged business models. BCUS was launched on Dec 20, 2023 and is issued by Bancreek.