Short Interest in Brookstone Ultra-Short Bond ETF (BATS:BAMU) Decreases By 38.6%

Brookstone Ultra-Short Bond ETF (BATS:BAMU) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 4,029 shares, a drop of 38.6% from the April 15th total of 6,565 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 7,538 shares, the short-interest ratio is currently 0.5 days.

Brookstone Ultra-Short Bond ETF Stock Up 0.0%

BATS:BAMU opened at $25.32 on Friday. Brookstone Ultra-Short Bond ETF has a 1 year low of $25.09 and a 1 year high of $25.44. The business has a 50 day simple moving average of $25.26 and a 200-day simple moving average of $25.25.

Institutional Investors Weigh In On Brookstone Ultra-Short Bond ETF

Several institutional investors have recently modified their holdings of the stock. AlphaStar Capital Management LLC bought a new stake in shares of Brookstone Ultra-Short Bond ETF in the 4th quarter valued at approximately $264,000. Simplicity Wealth LLC bought a new stake in shares of Brookstone Ultra-Short Bond ETF during the 3rd quarter worth approximately $475,000. Jane Street Group LLC bought a new stake in shares of Brookstone Ultra-Short Bond ETF during the 2nd quarter worth approximately $328,000. Finally, JPMorgan Chase & Co. bought a new stake in shares of Brookstone Ultra-Short Bond ETF during the 2nd quarter worth approximately $118,000.

Brookstone Ultra-Short Bond ETF Company Profile

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.