Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Short Interest Update

Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 20,756 shares, a growth of 184.1% from the April 30th total of 7,307 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 40,484 shares, the days-to-cover ratio is currently 0.5 days.

Brown Advisory Flexible Equity ETF Price Performance

Shares of BAFE opened at $28.72 on Monday. Brown Advisory Flexible Equity ETF has a 1-year low of $24.47 and a 1-year high of $28.79. The company has a 50-day moving average of $27.24 and a 200 day moving average of $27.07. The firm has a market capitalization of $1.65 billion, a price-to-earnings ratio of 24.62 and a beta of 1.04.

Institutional Investors Weigh In On Brown Advisory Flexible Equity ETF

Several large investors have recently modified their holdings of BAFE. Avalon Trust Co bought a new stake in shares of Brown Advisory Flexible Equity ETF in the 1st quarter valued at about $38,000. Royal Bank of Canada bought a new stake in shares of Brown Advisory Flexible Equity ETF in the 1st quarter valued at about $169,000. Goldman Sachs Group Inc. bought a new stake in shares of Brown Advisory Flexible Equity ETF in the 4th quarter valued at about $203,000. Jane Street Group LLC raised its holdings in shares of Brown Advisory Flexible Equity ETF by 11.6% in the 4th quarter. Jane Street Group LLC now owns 10,541 shares of the company’s stock valued at $288,000 after purchasing an additional 1,092 shares in the last quarter. Finally, Quantinno Capital Management LP purchased a new position in shares of Brown Advisory Flexible Equity ETF in the 2nd quarter worth approximately $1,208,000.

About Brown Advisory Flexible Equity ETF

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.