Short Interest in Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Rises By 703.9%

Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 7,307 shares, a growth of 703.9% from the April 15th total of 909 shares. Based on an average daily trading volume, of 49,128 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On Brown Advisory Flexible Equity ETF

A number of hedge funds have recently made changes to their positions in BAFE. Brown Advisory Inc. boosted its holdings in shares of Brown Advisory Flexible Equity ETF by 4.0% in the 4th quarter. Brown Advisory Inc. now owns 54,540,208 shares of the company’s stock worth $1,490,038,000 after buying an additional 2,093,356 shares during the last quarter. HB Wealth Management LLC raised its position in Brown Advisory Flexible Equity ETF by 2.4% in the first quarter. HB Wealth Management LLC now owns 131,688 shares of the company’s stock worth $3,332,000 after acquiring an additional 3,141 shares during the period. Tred Avon Family Wealth LLC bought a new position in shares of Brown Advisory Flexible Equity ETF during the 4th quarter worth $2,171,000. Jane Street Group LLC purchased a new stake in Brown Advisory Flexible Equity ETF in the 2nd quarter worth about $1,359,000. Finally, Quantinno Capital Management LP bought a new stake in Brown Advisory Flexible Equity ETF in the 2nd quarter valued at about $1,208,000.

Brown Advisory Flexible Equity ETF Trading Down 0.0%

Shares of BAFE traded down $0.01 on Tuesday, reaching $28.16. 21,405 shares of the company’s stock traded hands, compared to its average volume of 76,307. The stock’s 50 day simple moving average is $26.58 and its two-hundred day simple moving average is $26.91. The stock has a market cap of $1.61 billion, a PE ratio of 24.62 and a beta of 1.04. Brown Advisory Flexible Equity ETF has a 52-week low of $24.47 and a 52-week high of $28.62.

About Brown Advisory Flexible Equity ETF

The Brown Advisory Flexible Equity ETF (BAFE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects a concentrated portfolio of US based equity securities of mid- and large-cap companies, diversified across the economy. Flexibility in the name indicates the strategy is not constrained to a specific size or style BAFE was launched on Nov 18, 2024 and is issued by Brown Advisory.