Brookstone Ultra-Short Bond ETF (BATS:BAMU) Sees Significant Increase in Short Interest

Brookstone Ultra-Short Bond ETF (BATS:BAMU – Get Free Report) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 5,464 shares, an increase of 146.5% from the September 30th total of 2,217 shares. Based on an average daily trading volume, of 7,768 shares, the short-interest ratio is currently 0.7 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Investors Weigh In On Brookstone Ultra-Short Bond ETF

Hedge funds have recently added to or reduced their stakes in the business. Citadel Advisors LLC bought a new position in Brookstone Ultra-Short Bond ETF during the second quarter worth $528,000. Simplicity Wealth LLC increased its holdings in shares of Brookstone Ultra-Short Bond ETF by 150.0% in the third quarter. Simplicity Wealth LLC now owns 49,430 shares of the company’s stock valued at $1,247,000 after purchasing an additional 29,657 shares during the last quarter. Finally, Brookstone Capital Management acquired a new position in shares of Brookstone Ultra-Short Bond ETF in the third quarter valued at $59,270,000.

Brookstone Ultra-Short Bond ETF Stock Performance

Shares of BATS BAMU opened at $25.30 on Friday. Brookstone Ultra-Short Bond ETF has a 12 month low of $25.09 and a 12 month high of $25.42. The stock has a 50 day moving average of $25.24 and a 200-day moving average of $25.24.

Brookstone Ultra-Short Bond ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 28th were paid a $0.1739 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Friday, August 28th.

About Brookstone Ultra-Short Bond ETF

(Get Free Report)

The Brookstone Ultra-Short Bond ETF (BAMU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide exposure to US Treasurys and investment grade corporate bonds with maturities between 0-2 years. BAMU was launched on Sep 27, 2023 and is issued by Brookstone.

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