Bushido Capital US Equity ETF (NASDAQ:SMRI) Sees Large Decline in Short Interest

Bushido Capital US Equity ETF (NASDAQ:SMRI) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 690 shares, a decrease of 82.3% from the May 31st total of 3,895 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 10,400 shares, the days-to-cover ratio is presently 0.1 days.

Bushido Capital US Equity ETF Trading Up 1.4%

SMRI traded up $0.57 during trading on Friday, hitting $41.37. The company’s stock had a trading volume of 1,757 shares, compared to its average volume of 11,667. The firm has a market capitalization of $588.70 million, a price-to-earnings ratio of 14.55 and a beta of 0.85. Bushido Capital US Equity ETF has a twelve month low of $31.66 and a twelve month high of $43.36. The business’s fifty day simple moving average is $39.85 and its 200 day simple moving average is $37.45.

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.