Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Sees Large Increase in Short Interest

Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 19,181 shares, a growth of 132.9% from the June 30th total of 8,234 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 45,285 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Brown Advisory Flexible Equity ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Avalon Trust Co acquired a new stake in Brown Advisory Flexible Equity ETF in the first quarter worth about $38,000. Royal Bank of Canada purchased a new position in shares of Brown Advisory Flexible Equity ETF during the first quarter valued at $169,000. Goldman Sachs Group Inc. acquired a new position in Brown Advisory Flexible Equity ETF in the 4th quarter valued at approximately $203,000. Jane Street Group LLC grew its stake in shares of Brown Advisory Flexible Equity ETF by 11.6% in the 4th quarter. Jane Street Group LLC now owns 10,541 shares of the company’s stock valued at $288,000 after buying an additional 1,092 shares in the last quarter. Finally, Quantinno Capital Management LP acquired a new position in Brown Advisory Flexible Equity ETF during the second quarter worth $1,208,000.

Brown Advisory Flexible Equity ETF Stock Performance

Brown Advisory Flexible Equity ETF stock traded up $0.01 during trading on Tuesday, reaching $28.89. The company had a trading volume of 86,133 shares, compared to its average volume of 75,251. The stock’s 50 day moving average price is $28.87 and its two-hundred day moving average price is $27.62. Brown Advisory Flexible Equity ETF has a 12-month low of $24.47 and a 12-month high of $29.61. The firm has a market capitalization of $1.68 billion, a price-to-earnings ratio of 24.62 and a beta of 0.97.

About Brown Advisory Flexible Equity ETF

The Brown Advisory Flexible Equity ETF (BAFE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects a concentrated portfolio of US based equity securities of mid- and large-cap companies, diversified across the economy. Flexibility in the name indicates the strategy is not constrained to a specific size or style BAFE was launched on Nov 18, 2024 and is issued by Brown Advisory.