Bushido Capital US Equity ETF (NASDAQ:SMRI) Sees Significant Growth in Short Interest

Bushido Capital US Equity ETF (NASDAQ:SMRI) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totalling 10,000 shares, an increase of 143.9% from the May 31st total of 4,100 shares. Based on an average daily trading volume, of 8,800 shares, the days-to-cover ratio is currently 1.1 days.

Bushido Capital US Equity ETF Stock Performance

Bushido Capital US Equity ETF stock traded up $0.09 during midday trading on Friday, hitting $28.38. 1,740 shares of the company’s stock were exchanged, compared to its average volume of 11,072. Bushido Capital US Equity ETF has a 52-week low of $23.54 and a 52-week high of $29.71. The stock has a 50-day moving average price of $28.45 and a two-hundred day moving average price of $27.73. The company has a market cap of $332.03 million, a P/E ratio of 11.92 and a beta of 0.76.

About Bushido Capital US Equity ETF

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.