Brookstone Dividend Stock ETF (BATS:BAMD) Sees Significant Increase in Short Interest

Brookstone Dividend Stock ETF (BATS:BAMD) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 10,032 shares, a growth of 654.9% from the June 15th total of 1,329 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 14,593 shares, the short-interest ratio is currently 0.7 days.

Institutional Investors Weigh In On Brookstone Dividend Stock ETF

An institutional investor recently bought a new position in Brookstone Dividend Stock ETF stock. JPMorgan Chase & Co. acquired a new position in Brookstone Dividend Stock ETF (BATS:BAMD) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 2,069 shares of the company’s stock, valued at approximately $65,000. JPMorgan Chase & Co. owned approximately 0.06% of Brookstone Dividend Stock ETF as of its most recent filing with the Securities & Exchange Commission.

Brookstone Dividend Stock ETF Price Performance

BATS BAMD opened at $33.48 on Friday. The company’s 50 day simple moving average is $32.55 and its two-hundred day simple moving average is $31.77. Brookstone Dividend Stock ETF has a 1 year low of $29.43 and a 1 year high of $33.64. The stock has a market capitalization of $102.11 million, a PE ratio of 13.74 and a beta of 0.68.

Brookstone Dividend Stock ETF Company Profile

The Brookstone Dividend Stock ETF (BAMD) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects income-producing US stocks or ETFs based on external and internal research. It selects both mid- to large-cap securities. BAMD was launched on Sep 28, 2023 and is issued by Brookstone.