Short Interest in Bancreek US Large Cap ETF (NYSEARCA:BCUS) Rises By 914.4%

Bancreek US Large Cap ETF (NYSEARCA:BCUS) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 3,936 shares, an increase of 914.4% from the February 12th total of 388 shares. Based on an average daily volume of 9,552 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 9,552 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Bancreek US Large Cap ETF stock. JPMorgan Chase & Co. bought a new position in Bancreek US Large Cap ETF (NYSEARCA:BCUS) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 867 shares of the company’s stock, valued at approximately $28,000.

Bancreek US Large Cap ETF Trading Down 1.8%

NYSEARCA BCUS traded down $0.60 on Thursday, hitting $32.10. 6,142 shares of the company traded hands, compared to its average volume of 10,434. The business’s 50 day moving average price is $33.16 and its 200-day moving average price is $32.63. Bancreek US Large Cap ETF has a 52-week low of $26.19 and a 52-week high of $34.24. The company has a market capitalization of $96.62 million, a price-to-earnings ratio of 29.33 and a beta of 0.87.

Bancreek US Large Cap ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were given a dividend of $0.0348 per share. This represents a $0.14 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Tuesday, December 30th.

Bancreek US Large Cap ETF Company Profile

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.