Brookstone Ultra-Short Bond ETF (BATS:BAMU) Stock Short Interest Report for October

Brookstone Ultra-Short Bond ETF (BATS:BAMU) saw a significant drop in short interest in October. As of October 30th, there was short interest totaling 184 shares, a drop of 96.6% from the October 15th total of 5,464 shares. Based on an average trading volume of 8,235 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Brookstone Ultra-Short Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brookstone Capital Management acquired a new stake in Brookstone Ultra-Short Bond ETF during the 3rd quarter valued at approximately $59,270,000. Simplicity Wealth LLC raised its position in shares of Brookstone Ultra-Short Bond ETF by 150.0% in the 3rd quarter. Simplicity Wealth LLC now owns 49,430 shares of the company’s stock valued at $1,247,000 after purchasing an additional 29,657 shares in the last quarter. Citadel Advisors LLC acquired a new position in shares of Brookstone Ultra-Short Bond ETF in the 2nd quarter valued at approximately $528,000. Finally, Harbour Investments Inc. purchased a new position in shares of Brookstone Ultra-Short Bond ETF during the 3rd quarter valued at approximately $84,000.

Brookstone Ultra-Short Bond ETF Stock Performance

Shares of BATS BAMU remained flat at $25.32 during trading on Tuesday. 4,376 shares of the stock were exchanged, compared to its average volume of 8,386. The business’s fifty day moving average price is $25.24 and its 200-day moving average price is $25.25. Brookstone Ultra-Short Bond ETF has a twelve month low of $25.09 and a twelve month high of $25.42.

Brookstone Ultra-Short Bond ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Friday, August 28th were issued a $0.1739 dividend. The ex-dividend date was Friday, August 28th. This represents a $0.70 dividend on an annualized basis and a yield of 2.7%.

Brookstone Ultra-Short Bond ETF Company Profile

The Brookstone Ultra-Short Bond ETF (BAMU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide exposure to US Treasurys and investment grade corporate bonds with maturities between 0-2 years. BAMU was launched on Sep 27, 2023 and is issued by Brookstone.