Brandes U.S. Small-Mid Cap Value ETF (BATS:BSMC) Short Interest Update

Brandes U.S. Small-Mid Cap Value ETF (BATS:BSMC) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 24,044 shares, a growth of 177.5% from the May 14th total of 8,663 shares. Currently, 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 10,312 shares, the short-interest ratio is presently 2.3 days.

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

BSMC stock opened at $38.66 on Friday. The stock has a market capitalization of $136.08 million, a P/E ratio of 15.29 and a beta of 0.87. The business has a 50-day moving average of $37.71 and a 200-day moving average of $36.61. Brandes U.S. Small-Mid Cap Value ETF has a fifty-two week low of $30.59 and a fifty-two week high of $39.65.

Institutional Inflows and Outflows

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

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

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.