Brookstone Value Stock ETF (BATS:BAMV) Stock Short Interest Jumps 116.3%

by · The Markets Daily

Brookstone Value Stock ETF (BATS:BAMV – Get Free Report) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 10,327 shares, an increase of 116.3% from the August 31st total of 4,775 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 28,429 shares, the days-to-cover ratio is presently 0.4 days.

Brookstone Value Stock ETF Price Performance

Shares of BATS:BAMV opened at $36.32 on Wednesday. Brookstone Value Stock ETF has a one year low of $31.02 and a one year high of $38.62. The company has a market cap of $116.59 million, a price-to-earnings ratio of 22.10 and a beta of 0.77. The firm has a 50 day simple moving average of $37.47 and a 200 day simple moving average of $35.53.

Brookstone Value Stock ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 28th were issued a dividend of $0.1061 per share. The ex-dividend date of this dividend was Friday, August 28th. This represents a $0.42 annualized dividend and a dividend yield of 1.2%.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Brookstone Value Stock ETF stock. FSA Advisors Inc. boosted its holdings in Brookstone Value Stock ETF (BATS:BAMV – Free Report) by 5.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,535 shares of the company’s stock after buying an additional 523 shares during the quarter. FSA Advisors Inc. owned approximately 0.33% of Brookstone Value Stock ETF worth $342,000 at the end of the most recent reporting period.

About Brookstone Value Stock ETF

(Get Free Report)

The Brookstone Value Stock ETF (BAMV) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US companies with strong value based on external and internal research. It selects both mid- to large-cap stocks. BAMV was launched on Sep 27, 2023 and is issued by Brookstone.

See Also