Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Shares Shorted: Short Interest Up 84.5% in October

Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 33,543 shares, a growth of 84.5% from the September 30th total of 18,180 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 44,021 shares, the days-to-cover ratio is currently 0.8 days.

Hedge Funds Weigh In On Brown Advisory Flexible Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of BAFE. Citadel Advisors LLC bought a new stake in shares of Brown Advisory Flexible Equity ETF during the second quarter worth approximately $788,000. Royal Bank of Canada bought a new stake in shares of Brown Advisory Flexible Equity ETF in the 1st quarter valued at $169,000. Quantinno Capital Management LP raised its stake in Brown Advisory Flexible Equity ETF by 3.1% during the 1st quarter. Quantinno Capital Management LP now owns 127,260 shares of the company’s stock worth $3,220,000 after buying an additional 3,803 shares during the period. Avalon Trust Co bought a new position in Brown Advisory Flexible Equity ETF during the first quarter worth about $38,000. Finally, HB Wealth Management LLC grew its stake in Brown Advisory Flexible Equity ETF by 2.4% in the first quarter. HB Wealth Management LLC now owns 131,688 shares of the company’s stock valued at $3,332,000 after acquiring an additional 3,141 shares during the period.

Brown Advisory Flexible Equity ETF Stock Up 1.1%

BAFE traded up $0.33 during trading on Monday, reaching $30.09. 19,273 shares of the company’s stock were exchanged, compared to its average volume of 67,320. Brown Advisory Flexible Equity ETF has a fifty-two week low of $24.47 and a fifty-two week high of $30.58. The business has a 50 day moving average price of $29.92 and a 200 day moving average price of $28.40. The company has a market capitalization of $1.76 billion, a P/E ratio of 24.62 and a beta of 0.96.

Brown Advisory Flexible Equity ETF Company Profile

The Brown Advisory Flexible Equity ETF (BAFE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects a concentrated portfolio of US based equity securities of mid- and large-cap companies, diversified across the economy. Flexibility in the name indicates the strategy is not constrained to a specific size or style BAFE was launched on Nov 18, 2024 and is issued by Brown Advisory.