Brookstone Dividend Stock ETF (BATS:BAMD) Stock Short Interest Rises 394.8%

Brookstone Dividend Stock ETF (BATS:BAMD) was the target of a large increase in short interest in October. As of October 30th, there was short interest totaling 7,298 shares, an increase of 394.8% from the October 15th total of 1,475 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 8,349 shares, the days-to-cover ratio is presently 0.9 days.

Brookstone Dividend Stock ETF Stock Down 0.6%

Shares of BATS BAMD opened at $34.09 on Friday. The stock has a market capitalization of $103.97 million, a price-to-earnings ratio of 13.74 and a beta of 0.68. The stock’s fifty day simple moving average is $33.66 and its 200 day simple moving average is $32.92. Brookstone Dividend Stock ETF has a 52-week low of $29.64 and a 52-week high of $35.31.

Brookstone Dividend Stock ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 28th were given a $0.2365 dividend. The ex-dividend date was Friday, August 28th. This represents a $0.95 dividend on an annualized basis and a dividend yield of 2.8%.

Hedge Funds Weigh In On Brookstone Dividend Stock ETF

A hedge fund recently raised its position in Brookstone Dividend Stock ETF stock. FSA Advisors Inc. increased its stake in Brookstone Dividend Stock ETF (BATS:BAMD) by 5.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,528 shares of the company’s stock after purchasing an additional 585 shares during the quarter. FSA Advisors Inc. owned approximately 0.35% of Brookstone Dividend Stock ETF worth $328,000 as of its most recent filing with the Securities and Exchange Commission.

Brookstone Dividend Stock ETF Company Profile

The Brookstone Dividend Stock ETF (BAMD) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects income-producing US stocks or ETFs based on external and internal research. It selects both mid- to large-cap securities. BAMD was launched on Sep 28, 2023 and is issued by Brookstone.