Democratic Large Cap Core ETF (NASDAQ:DEMZ) Sees Significant Growth in Short Interest

Democratic Large Cap Core ETF (NASDAQ:DEMZ) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 7,347 shares, an increase of 505.2% from the April 30th total of 1,214 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 3,569 shares, the days-to-cover ratio is currently 2.1 days.

Institutional Investors Weigh In On Democratic Large Cap Core ETF

A hedge fund recently raised its stake in Democratic Large Cap Core ETF stock. Envestnet Portfolio Solutions Inc. lifted its position in Democratic Large Cap Core ETF (NASDAQ:DEMZ) by 64.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 100,109 shares of the company’s stock after purchasing an additional 39,158 shares during the period. Envestnet Portfolio Solutions Inc. owned about 7.70% of Democratic Large Cap Core ETF worth $4,271,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Democratic Large Cap Core ETF Stock Down 0.2%

NASDAQ DEMZ opened at $45.64 on Thursday. Democratic Large Cap Core ETF has a 52 week low of $36.77 and a 52 week high of $45.80. The company has a market capitalization of $61.61 million, a P/E ratio of 28.63 and a beta of 1.04. The stock’s 50-day moving average price is $42.89 and its 200-day moving average price is $42.82.

Democratic Large Cap Core ETF Company Profile

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.