Short Interest in Bushido Capital US Equity ETF (NASDAQ:SMRI) Decreases By 41.4%

Bushido Capital US Equity ETF (NASDAQ:SMRI) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 4,541 shares, a decline of 41.4% from the August 15th total of 7,745 shares. Based on an average daily volume of 29,124 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Bushido Capital US Equity ETF Stock Performance

SMRI stock traded down $0.49 during mid-day trading on Friday, reaching $47.09. The company had a trading volume of 333 shares, compared to its average volume of 13,338. The firm has a fifty day simple moving average of $46.16 and a 200 day simple moving average of $41.24. The company has a market capitalization of $682.41 million, a price-to-earnings ratio of 14.55 and a beta of 0.84. Bushido Capital US Equity ETF has a fifty-two week low of $33.63 and a fifty-two week high of $50.48.

Bushido Capital US Equity ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were paid a dividend of $0.0295 per share. The ex-dividend date was Monday, June 29th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%.

Bushido Capital US Equity ETF Company Profile

The Bushido Capital US Equity ETF (SMRI) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages an equally weighted portfolio of 30 to 50 US stocks believed to be undervalued but financially attractive. The funds stock selection involves a fundamental value approach. SMRI was launched on Sep 14, 2023 and is issued by Bushido.