Bluemonte Large Cap Value ETF (NYSEARCA:BVAL) Short Interest Up 107.9% in June

Bluemonte Large Cap Value ETF (NYSEARCA:BVAL) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 25,079 shares, an increase of 107.9% from the June 15th total of 12,064 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 28,762 shares, the days-to-cover ratio is presently 0.9 days.

Bluemonte Large Cap Value ETF Stock Up 0.0%

BVAL stock traded up $0.01 during trading on Friday, reaching $31.44. The stock had a trading volume of 1,354 shares, compared to its average volume of 29,106. The stock’s 50 day moving average is $30.94 and its two-hundred day moving average is $29.57. Bluemonte Large Cap Value ETF has a 52 week low of $25.60 and a 52 week high of $31.62.

About Bluemonte Large Cap Value ETF

The investment seeks to track the performance, before fees and expenses, of the EQM Brand Value Index (the index). Under normal circumstances, at least 80% of the fund’s total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index measures the performance of up to 50 publicly-traded U.S. companies based on a proprietary analysis of the value of their brand relative to their market capitalization.