Short Interest in Brookstone Growth Stock ETF (BATS:BAMG) Increases By 171.7%

Brookstone Growth Stock ETF (BATS:BAMG) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 4,901 shares, an increase of 171.7% from the May 31st total of 1,804 shares. Based on an average daily volume of 13,484 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Brookstone Growth Stock ETF stock. FSA Advisors Inc. increased its stake in shares of Brookstone Growth Stock ETF (BATS:BAMG) by 4.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,036 shares of the company’s stock after buying an additional 450 shares during the period. FSA Advisors Inc. owned 0.32% of Brookstone Growth Stock ETF worth $366,000 at the end of the most recent quarter.

Brookstone Growth Stock ETF Stock Performance

Brookstone Growth Stock ETF stock opened at $43.84 on Monday. The firm has a market cap of $139.41 million, a P/E ratio of 31.62 and a beta of 1.15. The business’s fifty day moving average is $42.57 and its two-hundred day moving average is $40.31. Brookstone Growth Stock ETF has a 52 week low of $35.32 and a 52 week high of $44.77.

Brookstone Growth Stock ETF Company Profile

The Brookstone Growth Stock ETF (BAMG) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US companies with strong earnings growth potential based on proprietary and third party research. It selects both mid- to large-cap stocks with a focus on the latter. BAMG was launched on Sep 27, 2023 and is issued by Brookstone.