Brookstone Intermediate Bond ETF (BATS:BAMB) Short Interest Down 87.5% in June

Brookstone Intermediate Bond ETF (BATS:BAMB) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 332 shares, a drop of 87.5% from the May 31st total of 2,656 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 8,400 shares, the days-to-cover ratio is presently 0.0 days.

Brookstone Intermediate Bond ETF Price Performance

Shares of BAMB stock opened at $26.05 on Friday. Brookstone Intermediate Bond ETF has a 1 year low of $25.79 and a 1 year high of $26.88. The firm has a fifty day moving average price of $26.07 and a 200-day moving average price of $26.29.

Hedge Funds Weigh In On Brookstone Intermediate Bond ETF

An institutional investor recently bought a new position in Brookstone Intermediate Bond ETF stock. JPMorgan Chase & Co. purchased a new stake in shares of Brookstone Intermediate Bond ETF (BATS:BAMB) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 2,161 shares of the company’s stock, valued at approximately $57,000. JPMorgan Chase & Co. owned 0.09% of Brookstone Intermediate Bond ETF as of its most recent filing with the Securities & Exchange Commission.

About Brookstone Intermediate Bond ETF

The Brookstone Intermediate Bond ETF (BAMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide exposure to US Treasurys and investment grade corporate bonds with maturities between 0-10 years. BAMB was launched on Sep 27, 2023 and is issued by Brookstone.