Bancreek US Large Cap ETF (NYSEARCA:BCUS) Sees Large Decline in Short Interest

Bancreek US Large Cap ETF (NYSEARCA:BCUS) was the target of a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 1,559 shares, a decrease of 60.4% from the February 26th total of 3,936 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 67,971 shares, the days-to-cover ratio is presently 0.0 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 shares of Bancreek US Large Cap ETF (NYSEARCA:BCUS) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 867 shares of the company’s stock, valued at approximately $28,000.

Bancreek US Large Cap ETF Trading Down 0.9%

BCUS traded down $0.29 on Friday, reaching $31.32. The company had a trading volume of 13,142 shares, compared to its average volume of 18,087. The company has a market capitalization of $94.27 million, a P/E ratio of 29.33 and a beta of 0.87. The company has a fifty day moving average of $32.96 and a 200-day moving average of $32.60. Bancreek US Large Cap ETF has a one year low of $26.19 and a one year high of $34.24.

Bancreek US Large Cap ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were paid a $0.0348 dividend. 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.

About Bancreek US Large Cap ETF

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.