Short Interest in Brookstone Ultra-Short Bond ETF (BATS:BAMU) Increases By 394.5%

Brookstone Ultra-Short Bond ETF (BATS:BAMU) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 5,405 shares, an increase of 394.5% from the July 15th total of 1,093 shares. Based on an average daily trading volume, of 8,940 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the company’s shares are sold short.

Brookstone Ultra-Short Bond ETF Trading Up 0.1%

BAMU stock opened at $25.32 on Thursday. The business’s 50-day moving average price is $25.25 and its two-hundred day moving average price is $25.24. Brookstone Ultra-Short Bond ETF has a 1-year low of $25.09 and a 1-year high of $25.44.

Hedge Funds Weigh In On Brookstone Ultra-Short Bond ETF

Institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. acquired a new position in shares of Brookstone Ultra-Short Bond ETF in the 2nd quarter valued at approximately $118,000. AlphaStar Capital Management LLC acquired a new stake in Brookstone Ultra-Short Bond ETF during the 4th quarter worth approximately $264,000. Finally, Jane Street Group LLC acquired a new stake in Brookstone Ultra-Short Bond ETF during the 2nd quarter worth approximately $328,000.

About Brookstone Ultra-Short Bond ETF

The Brookstone Ultra-Short Bond ETF (BAMU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide exposure to US Treasurys and investment grade corporate bonds with maturities between 0-2 years. BAMU was launched on Sep 27, 2023 and is issued by Brookstone.