Brandes U.S. Value ETF (BATS:BUSA) Short Interest Update

Brandes U.S. Value ETF (BATS:BUSA) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 18,123 shares, an increase of 123.6% from the May 31st total of 8,104 shares. Based on an average daily trading volume, of 21,557 shares, the short-interest ratio is presently 0.8 days. Approximately 0.3% of the shares of the company are short sold.

Brandes U.S. Value ETF Trading Down 0.4%

Shares of BUSA opened at $39.66 on Tuesday. Brandes U.S. Value ETF has a 52 week low of $32.54 and a 52 week high of $40.19. The firm has a market cap of $274.45 million, a price-to-earnings ratio of 15.10 and a beta of 0.74. The stock has a 50 day moving average of $38.99 and a 200-day moving average of $38.20.

Hedge Funds Weigh In On Brandes U.S. Value ETF

A hedge fund recently bought a new position in Brandes U.S. Value ETF stock. JPMorgan Chase & Co. acquired a new position in Brandes U.S. Value ETF (BATS:BUSA) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 995 shares of the company’s stock, valued at approximately $35,000.

About Brandes U.S. Value ETF

The Brandes U.S. Value ETF (BUSA) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in equity securities of companies whose business activities are predominantly in the US. The fund seeks securities that are perceived to be trading at a discount to their intrinsic value BUSA was launched on Oct 3, 2023 and is issued by Brandes.