Brookstone Active ETF (BATS:BAMA) Sees Significant Drop in Short Interest

Brookstone Active ETF (BATS:BAMA) was the recipient of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 540 shares, a decline of 35.8% from the July 30th total of 841 shares. Based on an average trading volume of 2,752 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

Brookstone Active ETF Price Performance

Shares of Brookstone Active ETF stock opened at $36.56 on Wednesday. Brookstone Active ETF has a 1 year low of $32.28 and a 1 year high of $37.36. The business has a 50-day moving average of $36.55 and a two-hundred day moving average of $35.56. The company has a market capitalization of $49.36 million, a P/E ratio of 24.54 and a beta of 0.66.

Brookstone Active ETF Company Profile

The Brookstone Active ETF (BAMA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to provide total return by investing in stocks, bonds, and cash and cash equivalents. The fund typically allocates 40%-80% of its assets in stocks BAMA was launched on Sep 28, 2023 and is issued by Brookstone.