Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Sees Significant Increase in Short Interest

Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 24,058 shares, a growth of 82.6% from the August 31st total of 13,172 shares. Based on an average daily volume of 61,172 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of BAFE. Citadel Advisors LLC acquired a new stake in Brown Advisory Flexible Equity ETF in the 2nd quarter valued at about $788,000. Royal Bank of Canada acquired a new position in Brown Advisory Flexible Equity ETF during the first quarter worth approximately $169,000. Quantinno Capital Management LP raised its stake in Brown Advisory Flexible Equity ETF by 3.1% in the first quarter. Quantinno Capital Management LP now owns 127,260 shares of the company’s stock valued at $3,220,000 after buying an additional 3,803 shares during the period. Avalon Trust Co bought a new stake in Brown Advisory Flexible Equity ETF in the first quarter valued at approximately $38,000. Finally, HB Wealth Management LLC lifted its position in shares of 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 buying an additional 3,141 shares during the last quarter.

Brown Advisory Flexible Equity ETF Stock Down 0.5%

Shares of NASDAQ:BAFE traded down $0.16 during midday trading on Tuesday, reaching $29.54. 16,591 shares of the company were exchanged, compared to its average volume of 69,158. Brown Advisory Flexible Equity ETF has a fifty-two week low of $24.47 and a fifty-two week high of $30.58. The stock has a fifty day simple moving average of $29.76 and a two-hundred day simple moving average of $28.50. The firm has a market cap of $1.73 billion, a PE 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.