Kovitz Core Equity ETF (NYSEARCA:EQTY) Short Interest Up 106.7% in June

Kovitz Core Equity ETF (NYSEARCA:EQTY) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,147 shares, an increase of 106.7% from the May 31st total of 555 shares. Based on an average daily volume of 17,609 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Kovitz Core Equity ETF Stock Performance

Shares of NYSEARCA:EQTY traded up $0.26 during mid-day trading on Wednesday, hitting $28.21. The stock had a trading volume of 21,379 shares, compared to its average volume of 36,301. The company has a market cap of $1.35 billion, a PE ratio of 27.78 and a beta of 0.95. The company’s 50 day moving average is $27.48 and its 200-day moving average is $27.15. Kovitz Core Equity ETF has a 12-month low of $24.74 and a 12-month high of $28.36.

Hedge Funds Weigh In On Kovitz Core Equity ETF

An institutional investor recently bought a new stake in Kovitz Core Equity ETF stock. Basepoint Wealth LLC acquired a new position in shares of Kovitz Core Equity ETF (NYSEARCA:EQTY) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 2,542 shares of the company’s stock, valued at approximately $69,000.

About Kovitz Core Equity ETF

The Kovitz Core Equity ETF (EQTY) is an exchange-traded fund that mostly invests in total market equity. The fund is a narrow, core equity portfolio of companies believed by the adviser to be high quality and undervalued. The actively managed fund invests in large- and mid-cap companies around the globe. EQTY was launched on Dec 28, 2011 and is managed by Kovitz.