Democratic Large Cap Core ETF (NASDAQ:DEMZ) Sees Significant Growth in Short Interest

Democratic Large Cap Core ETF (NASDAQ:DEMZ) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 7,347 shares, a growth of 505.2% from the April 30th total of 1,214 shares. Based on an average daily trading volume, of 3,569 shares, the short-interest ratio is presently 2.1 days. Approximately 0.5% of the shares of the stock are sold short.

Democratic Large Cap Core ETF Stock Down 0.2%

NASDAQ:DEMZ opened at $45.64 on Thursday. The business’s 50-day simple moving average is $42.89 and its two-hundred day simple moving average is $42.82. Democratic Large Cap Core ETF has a 52 week low of $36.77 and a 52 week high of $45.80. The stock has a market cap of $61.61 million, a PE ratio of 28.63 and a beta of 1.04.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Democratic Large Cap Core ETF stock. Envestnet Portfolio Solutions Inc. boosted its holdings in Democratic Large Cap Core ETF (NASDAQ:DEMZ) by 64.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 100,109 shares of the company’s stock after purchasing an additional 39,158 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 7.70% of Democratic Large Cap Core ETF worth $4,271,000 as of its most recent SEC filing.

Democratic Large Cap Core ETF Company Profile

The Democratic Large Cap Core ETF (DEMZ) is an exchange-traded fund that is based on the Democratic Large Cap Core index. The fund tracks an index of US large-cap companies whose employees are highly supportive of Democratic candidates. DEMZ was launched on Nov 2, 2020 and is managed by RAM.