Brandes U.S. Small-Mid Cap Value ETF (BATS:BSMC) Short Interest Down 61.7% in April

Brandes U.S. Small-Mid Cap Value ETF (BATS:BSMC) was the target of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 2,725 shares, a decline of 61.7% from the April 15th total of 7,113 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 9,815 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of Brandes U.S. Small-Mid Cap Value ETF

A hedge fund recently bought a new stake in Brandes U.S. Small-Mid Cap Value ETF stock. Flow Traders U.S. LLC bought a new stake in Brandes U.S. Small-Mid Cap Value ETF (BATS:BSMC) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 9,132 shares of the company’s stock, valued at approximately $305,000. Flow Traders U.S. LLC owned 0.26% of Brandes U.S. Small-Mid Cap Value ETF as of its most recent SEC filing.

Brandes U.S. Small-Mid Cap Value ETF Stock Down 1.2%

BATS BSMC opened at $36.72 on Friday. The stock has a market cap of $129.25 million, a P/E ratio of 15.29 and a beta of 0.87. The company’s 50-day simple moving average is $37.03 and its 200 day simple moving average is $35.98. Brandes U.S. Small-Mid Cap Value ETF has a twelve month low of $29.91 and a twelve month high of $38.76.

About Brandes U.S. Small-Mid Cap Value ETF

The Brandes U.S. Small-Mid Cap Value ETF (BSMC) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, investing in equity securities of small- and mid-cap companies in the US. The fund seeks securities that are perceived to be undervalued BSMC was launched on Oct 3, 2023 and is issued by Brandes.