Brookstone Active ETF (BATS:BAMA) Sees Large Growth in Short Interest

Brookstone Active ETF (BATS:BAMA) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 1,129 shares, a growth of 329.3% from the May 14th total of 263 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 3,672 shares, the short-interest ratio is presently 0.3 days.

Brookstone Active ETF Price Performance

Shares of BATS BAMA opened at $35.55 on Thursday. The stock has a market capitalization of $47.99 million, a price-to-earnings ratio of 24.54 and a beta of 0.66. The business has a 50-day moving average of $35.52 and a 200-day moving average of $34.57. Brookstone Active ETF has a fifty-two week low of $31.00 and a fifty-two week high of $37.10.

Brookstone Active ETF Company Profile

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.