Main International ETF (BATS:INTL) Sees Large Growth in Short Interest

Main International ETF (BATS:INTL) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 59,062 shares, an increase of 98.4% from the August 31st total of 29,772 shares. Approximately 1.1% of the shares of the company are sold short. Based on an average daily trading volume, of 17,642 shares, the days-to-cover ratio is presently 3.3 days.

Main International ETF Stock Performance

Shares of INTL stock opened at $30.49 on Thursday. Main International ETF has a 52 week low of $27.03 and a 52 week high of $32.34. The company has a market capitalization of $157.33 million, a price-to-earnings ratio of 16.04 and a beta of 0.80. The company has a 50-day simple moving average of $30.96 and a 200 day simple moving average of $30.36.

Institutional Investors Weigh In On Main International ETF

A hedge fund recently raised its position in Main International ETF stock. Main Management LLC grew its position in Main International ETF (BATS:INTL) by 2.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,735,118 shares of the company’s stock after purchasing an additional 89,077 shares during the quarter. Main International ETF comprises approximately 7.5% of Main Management LLC’s investment portfolio, making the stock its 6th biggest position. Main Management LLC owned about 72.39% of Main International ETF worth $104,247,000 at the end of the most recent reporting period.

About Main International ETF

The Main International ETF (INTL) is an exchange-traded fund that mostly invests in total market equity. The fund is a fund-of-funds containing non-US equity exposure. The fund is actively managed, seeking long term capital appreciation through equity exposure and covered option writing strategies. INTL was launched on Dec 1, 2022 and is managed by Main Funds.