Short Interest in Brookstone Dividend Stock ETF (BATS:BAMD) Drops By 63.7%

Brookstone Dividend Stock ETF (BATS:BAMD) was the recipient of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 477 shares, a drop of 63.7% from the May 14th total of 1,315 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 8,309 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Brookstone Dividend Stock ETF stock. FSA Advisors Inc. grew its stake in shares of Brookstone Dividend Stock ETF (BATS:BAMD) by 5.9% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,528 shares of the company’s stock after acquiring an additional 585 shares during the period. FSA Advisors Inc. owned about 0.35% of Brookstone Dividend Stock ETF worth $328,000 at the end of the most recent reporting period.

Brookstone Dividend Stock ETF Stock Performance

BATS:BAMD opened at $32.51 on Friday. The firm has a market cap of $99.16 million, a price-to-earnings ratio of 13.74 and a beta of 0.68. Brookstone Dividend Stock ETF has a 52 week low of $29.43 and a 52 week high of $32.90. The firm has a 50-day moving average price of $32.06 and a two-hundred day moving average price of $31.38.

About Brookstone Dividend Stock ETF

The Brookstone Dividend Stock ETF (BAMD) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects income-producing US stocks or ETFs based on external and internal research. It selects both mid- to large-cap securities. BAMD was launched on Sep 28, 2023 and is issued by Brookstone.