Bancreek US Large Cap ETF (NYSEARCA:BCUS) Sees Significant Growth in Short Interest

Bancreek US Large Cap ETF (NYSEARCA:BCUS) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 2,394 shares, a growth of 185.7% from the May 14th total of 838 shares. Based on an average daily volume of 5,431 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Trading of Bancreek US Large Cap ETF

A hedge fund recently bought a new stake in Bancreek US Large Cap ETF stock. JPMorgan Chase & Co. bought a new position in Bancreek US Large Cap ETF (NYSEARCA:BCUS) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 867 shares of the company’s stock, valued at approximately $28,000.

Bancreek US Large Cap ETF Stock Performance

Bancreek US Large Cap ETF stock traded up $0.22 during midday trading on Friday, hitting $36.37. 760 shares of the company’s stock were exchanged, compared to its average volume of 21,427. Bancreek US Large Cap ETF has a 12-month low of $30.41 and a 12-month high of $36.55. The stock has a market cap of $109.84 million, a price-to-earnings ratio of 29.33 and a beta of 0.86. The firm’s 50 day simple moving average is $34.86 and its 200 day simple moving average is $33.46.

About Bancreek US Large Cap ETF

The Bancreek U.S. Large Cap ETF (BCUS) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in US large-cap companies the sub-adviser believes exhibit structurally advantaged business models. BCUS was launched on Dec 20, 2023 and is issued by Bancreek.