Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Sees Significant Growth in Short Interest

Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 20,684 shares, an increase of 248.7% from the July 30th total of 5,932 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 27,528 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Investors Weigh In On Brown Advisory Flexible Equity ETF

Large investors have recently made changes to their positions in the stock. Brown Advisory Inc. lifted its stake in Brown Advisory Flexible Equity ETF by 4.0% in the fourth quarter. Brown Advisory Inc. now owns 54,540,208 shares of the company’s stock valued at $1,490,038,000 after acquiring an additional 2,093,356 shares during the last quarter. HB Wealth Management LLC boosted its stake in Brown Advisory Flexible Equity ETF by 2.4% in the 1st quarter. HB Wealth Management LLC now owns 131,688 shares of the company’s stock valued at $3,332,000 after purchasing an additional 3,141 shares during the period. Quantinno Capital Management LP grew its stake in shares of Brown Advisory Flexible Equity ETF by 3.1% in the first quarter. Quantinno Capital Management LP now owns 127,260 shares of the company’s stock valued at $3,220,000 after acquiring an additional 3,803 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Brown Advisory Flexible Equity ETF during the 2nd quarter worth approximately $1,359,000. Finally, Goldman Sachs Group Inc. acquired a new stake in Brown Advisory Flexible Equity ETF during the fourth quarter worth approximately $203,000.

Brown Advisory Flexible Equity ETF Stock Down 0.1%

NASDAQ:BAFE opened at $30.15 on Thursday. Brown Advisory Flexible Equity ETF has a twelve month low of $24.47 and a twelve month high of $30.58. The business has a 50 day moving average price of $29.48 and a two-hundred day moving average price of $28.00. The company has a market cap of $1.76 billion, a P/E ratio of 24.62 and a beta of 0.96.

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.