Brandes U.S. Small-Mid Cap Value ETF (BATS:BSMC) Sees Large Growth in Short Interest

Brandes U.S. Small-Mid Cap Value ETF (BATS:BSMCGet Free Report) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 8,663 shares, an increase of 217.9% from the April 30th total of 2,725 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 10,234 shares, the short-interest ratio is currently 0.8 days.

Brandes U.S. Small-Mid Cap Value ETF Price Performance

BATS:BSMC opened at $37.81 on Friday. The firm has a 50-day moving average of $37.29 and a two-hundred day moving average of $36.27. The stock has a market cap of $133.09 million, a P/E ratio of 15.29 and a beta of 0.87. Brandes U.S. Small-Mid Cap Value ETF has a 1-year low of $30.24 and a 1-year high of $38.76.

Hedge Funds Weigh In On Brandes U.S. Small-Mid Cap Value ETF

An institutional investor recently bought a new position in Brandes U.S. Small-Mid Cap Value ETF stock. Flow Traders U.S. LLC purchased a new position in shares of Brandes U.S. Small-Mid Cap Value ETF (BATS:BSMCFree Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 9,132 shares of the company’s stock, valued at approximately $305,000. Flow Traders U.S. LLC owned about 0.26% of Brandes U.S. Small-Mid Cap Value ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Brandes U.S. Small-Mid Cap Value ETF Company Profile

(Get Free Report)

The Brandes U.S. Small-Mid Cap Value ETF (BSMC) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, investing in equity securities of small- and mid-cap companies in the US. The fund seeks securities that are perceived to be undervalued BSMC was launched on Oct 3, 2023 and is issued by Brandes.

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