Brookstone Ultra-Short Bond ETF (BATS:BAMU) Sees Large Increase in Short Interest

Brookstone Ultra-Short Bond ETF (BATS:BAMU) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 1,093 shares, a growth of 788.6% from the June 30th total of 123 shares. Based on an average daily volume of 8,763 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Trading of Brookstone Ultra-Short Bond ETF

A number of hedge funds have recently bought and sold shares of the company. Jane Street Group LLC purchased a new stake in Brookstone Ultra-Short Bond ETF in the second quarter worth approximately $328,000. JPMorgan Chase & Co. purchased a new position in shares of Brookstone Ultra-Short Bond ETF during the second quarter worth approximately $118,000. Finally, AlphaStar Capital Management LLC purchased a new position in shares of Brookstone Ultra-Short Bond ETF during the fourth quarter worth approximately $264,000.

Brookstone Ultra-Short Bond ETF Stock Up 0.0%

Shares of BAMU stock opened at $25.28 on Friday. The business has a 50-day moving average price of $25.24 and a two-hundred day moving average price of $25.23. Brookstone Ultra-Short Bond ETF has a 12-month low of $25.09 and a 12-month high of $25.44.

About Brookstone Ultra-Short Bond ETF

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.