Barron’s 400 ETF (NYSEARCA:BFOR) Sees Large Drop in Short Interest

Barron’s 400 ETF (NYSEARCA:BFOR) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 17,109 shares, a drop of 47.3% from the July 30th total of 32,465 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 57,221 shares, the short-interest ratio is presently 0.3 days.

Barron’s 400 ETF Price Performance

Shares of BFOR traded down $0.19 during trading hours on Friday, hitting $24.12. 15,544 shares of the company were exchanged, compared to its average volume of 31,243. The company has a market capitalization of $236.86 million, a PE ratio of 16.61 and a beta of 1.01. The firm has a fifty day simple moving average of $23.86 and a 200-day simple moving average of $22.59. Barron’s 400 ETF has a one year low of $19.31 and a one year high of $24.65.

Hedge Funds Weigh In On Barron’s 400 ETF

A number of institutional investors have recently bought and sold shares of BFOR. Aspire Capital Advisors LLC acquired a new stake in Barron’s 400 ETF during the 2nd quarter worth about $636,000. Trilogy Capital Inc. lifted its holdings in shares of Barron’s 400 ETF by 21.9% in the second quarter. Trilogy Capital Inc. now owns 43,999 shares of the company’s stock valued at $4,207,000 after purchasing an additional 7,908 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Barron’s 400 ETF by 7.2% in the first quarter. Bank of America Corp DE now owns 58,313 shares of the company’s stock valued at $4,840,000 after purchasing an additional 3,935 shares in the last quarter. Alteri Wealth LLC boosted its position in shares of Barron’s 400 ETF by 11.2% in the fourth quarter. Alteri Wealth LLC now owns 12,543 shares of the company’s stock worth $1,033,000 after buying an additional 1,265 shares during the period. Finally, LPL Financial LLC boosted its position in shares of Barron’s 400 ETF by 1.3% in the fourth quarter. LPL Financial LLC now owns 13,453 shares of the company’s stock worth $1,108,000 after buying an additional 176 shares during the period.

Barron’s 400 ETF Company Profile

The Barron’s 400 ETF (BFOR) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equally weighted index comprising 400 US companies selected on fundamental parameters. BFOR was launched on Jun 4, 2013 and is managed by ALPS.