Bancreek US Large Cap ETF (NYSEARCA:BCUS) Sees Significant Growth in Short Interest

Bancreek US Large Cap ETF (NYSEARCA:BCUS) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 2,394 shares, an increase of 185.7% from the May 14th total of 838 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 5,431 shares, the short-interest ratio is presently 0.4 days.

Bancreek US Large Cap ETF Price Performance

BCUS traded up $0.22 during midday trading on Friday, reaching $36.37. 760 shares of the company’s stock were exchanged, compared to its average volume of 21,427. The stock has a market capitalization of $109.84 million, a PE ratio of 29.33 and a beta of 0.86. The business’s 50-day moving average price is $34.86 and its 200 day moving average price is $33.46. Bancreek US Large Cap ETF has a 1-year low of $30.41 and a 1-year high of $36.55.

Hedge Funds Weigh In On Bancreek US Large Cap ETF

A hedge fund recently bought a new stake in Bancreek US Large Cap ETF stock. JPMorgan Chase & Co. bought a new position in shares of Bancreek US Large Cap ETF (NYSEARCA:BCUS) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 867 shares of the company’s stock, valued at approximately $28,000.

About Bancreek US Large Cap ETF

The Bancreek U.S. Large Cap ETF (BCUS) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in US large-cap companies the sub-adviser believes exhibit structurally advantaged business models. BCUS was launched on Dec 20, 2023 and is issued by Bancreek.