Main International ETF (BATS:INTL) Short Interest Down 78.3% in May

Main International ETF (BATS:INTL) was the target of a large drop in short interest in May. As of May 29th, there was short interest totaling 9,127 shares, a drop of 78.3% from the May 14th total of 42,055 shares. Based on an average daily trading volume, of 20,171 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On Main International ETF

A hedge fund recently raised its stake in Main International ETF stock. Main Management LLC grew its stake in Main International ETF (BATS:INTL) by 2.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,735,118 shares of the company’s stock after purchasing an additional 89,077 shares during the period. Main International ETF makes up about 7.5% of Main Management LLC’s portfolio, making the stock its 6th biggest position. Main Management LLC owned about 72.39% of Main International ETF worth $104,247,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Main International ETF Stock Down 1.5%

Main International ETF stock opened at $29.71 on Thursday. The company’s 50-day moving average price is $30.24 and its 200-day moving average price is $29.30. The company has a market cap of $153.30 million, a PE ratio of 16.04 and a beta of 0.80. Main International ETF has a twelve month low of $24.83 and a twelve month high of $31.55.

Main International ETF Company Profile

The Main International ETF (INTL) is an exchange-traded fund that mostly invests in total market equity. The fund is a fund-of-funds containing non-US equity exposure. The fund is actively managed, seeking long term capital appreciation through equity exposure and covered option writing strategies. INTL was launched on Dec 1, 2022 and is managed by Main Funds.