Democratic Large Cap Core ETF (NASDAQ:DEMZ) Stock Short Interest Drops 70.8%

Democratic Large Cap Core ETF (NASDAQ:DEMZ) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totaling 2,267 shares, a drop of 70.8% from the September 15th total of 7,767 shares. Based on an average daily trading volume, of 2,701 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.2% of the company’s shares are short sold.

Democratic Large Cap Core ETF Trading Up 0.1%

NASDAQ DEMZ traded up $0.03 on Monday, reaching $49.37. 1,447 shares of the company were exchanged, compared to its average volume of 3,394. The business’s fifty day moving average price is $48.12 and its 200 day moving average price is $46.02. The stock has a market capitalization of $70.10 million, a P/E ratio of 28.63 and a beta of 1.03. Democratic Large Cap Core ETF has a fifty-two week low of $39.04 and a fifty-two week high of $49.67.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Democratic Large Cap Core ETF stock. Bank of New Hampshire purchased a new stake in shares of Democratic Large Cap Core ETF (NASDAQ:DEMZ) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 3,625 shares of the company’s stock, valued at approximately $155,000. Bank of New Hampshire owned about 0.28% of Democratic Large Cap Core ETF at the end of the most recent quarter.

About Democratic Large Cap Core ETF

The Democratic Large Cap Core ETF (DEMZ) is an exchange-traded fund that is based on the Democratic Large Cap Core index. The fund tracks an index of US large-cap companies whose employees are highly supportive of Democratic candidates. DEMZ was launched on Nov 2, 2020 and is managed by RAM.