Short Interest in Democratic Large Cap Core ETF (NASDAQ:DEMZ) Decreases By 61.1%
by Tristan Rich · The Markets DailyDemocratic Large Cap Core ETF (NASDAQ:DEMZ – Get Free Report) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 5,300 shares, a decline of 61.1% from the August 15th total of 13,622 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 2,974 shares, the days-to-cover ratio is currently 1.8 days.
Democratic Large Cap Core ETF Trading Down 0.4%
Shares of NASDAQ:DEMZ traded down $0.17 during trading on Monday, reaching $47.30. The stock had a trading volume of 1,720 shares, compared to its average volume of 3,552. Democratic Large Cap Core ETF has a one year low of $39.04 and a one year high of $48.63. The company has a market capitalization of $66.22 million, a P/E ratio of 28.63 and a beta of 1.03. The firm’s 50-day simple moving average is $47.49 and its 200 day simple moving average is $45.09.
Institutional Investors Weigh In On Democratic Large Cap Core ETF
An institutional investor recently bought a new stake in Democratic Large Cap Core ETF stock. Bank of New Hampshire purchased a new position in shares of Democratic Large Cap Core ETF (NASDAQ:DEMZ – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 3,625 shares of the company’s stock, valued at approximately $155,000. Bank of New Hampshire owned approximately 0.28% of Democratic Large Cap Core ETF at the end of the most recent quarter.
About Democratic Large Cap Core ETF
The Democratic Large Cap Core ETF (DEMZ) is an exchange-traded fund that is based on the Democratic Large Cap Core index. The fund tracks an index of US large-cap companies whose employees are highly supportive of Democratic candidates. DEMZ was launched on Nov 2, 2020 and is managed by RAM.
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