Brookstone Active ETF (BATS:BAMA) Shares Shorted: Short Interest Up 1,163.3% in September

Brookstone Active ETF (BATS:BAMA) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 3,133 shares, a growth of 1,163.3% from the September 15th total of 248 shares. Based on an average trading volume of 6,239 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the company’s shares are sold short.

Brookstone Active ETF Price Performance

Shares of BAMA stock traded up $0.21 during trading on Friday, reaching $36.96. The company’s stock had a trading volume of 1,227 shares, compared to its average volume of 5,589. The company has a market capitalization of $49.90 million, a price-to-earnings ratio of 24.54 and a beta of 0.66. The stock’s 50-day moving average price is $36.84 and its 200 day moving average price is $36.07. Brookstone Active ETF has a 1-year low of $32.28 and a 1-year high of $37.36.

Brookstone Active ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Friday, August 28th were given a $0.1701 dividend. This represents a $0.68 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Friday, August 28th.

About Brookstone Active ETF

The Brookstone Active ETF (BAMA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to provide total return by investing in stocks, bonds, and cash and cash equivalents. The fund typically allocates 40%-80% of its assets in stocks BAMA was launched on Sep 28, 2023 and is issued by Brookstone.