Short Interest in Brookstone Ultra-Short Bond ETF (BATS:BAMU) Decreases By 85.0%

Brookstone Ultra-Short Bond ETF (BATS:BAMU) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 123 shares, a decrease of 85.0% from the June 15th total of 819 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 10,490 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new position in shares of Brookstone Ultra-Short Bond ETF during the second quarter worth approximately $328,000. JPMorgan Chase & Co. bought a new stake in Brookstone Ultra-Short Bond ETF during the 2nd quarter valued at $118,000. Finally, AlphaStar Capital Management LLC purchased a new position in Brookstone Ultra-Short Bond ETF in the fourth quarter valued at about $264,000.

Brookstone Ultra-Short Bond ETF Trading Up 0.0%

Shares of Brookstone Ultra-Short Bond ETF stock opened at $25.26 on Friday. Brookstone Ultra-Short Bond ETF has a 1 year low of $25.09 and a 1 year high of $25.44. The company has a 50-day moving average of $25.25 and a 200 day moving average of $25.23.

Brookstone Ultra-Short Bond ETF Company Profile

The Brookstone Ultra-Short Bond ETF (BAMU) 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 0-2 years. BAMU was launched on Sep 27, 2023 and is issued by Brookstone.