Short Interest in Brookstone Ultra-Short Bond ETF (BATS:BAMU) Decreases By 38.6%

Brookstone Ultra-Short Bond ETF (BATS:BAMU) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 4,029 shares, a drop of 38.6% from the April 15th total of 6,565 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 7,538 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Jane Street Group LLC purchased a new position in Brookstone Ultra-Short Bond ETF during the 2nd quarter worth $328,000. JPMorgan Chase & Co. purchased a new position in Brookstone Ultra-Short Bond ETF during the 2nd quarter worth $118,000. AlphaStar Capital Management LLC purchased a new position in Brookstone Ultra-Short Bond ETF during the 4th quarter worth $264,000. Finally, Simplicity Wealth LLC purchased a new position in Brookstone Ultra-Short Bond ETF during the 3rd quarter worth $475,000.

Brookstone Ultra-Short Bond ETF Stock Performance

BAMU opened at $25.32 on Friday. The stock’s fifty day moving average is $25.26 and its two-hundred day moving average is $25.25. Brookstone Ultra-Short Bond ETF has a 52 week low of $25.09 and a 52 week high of $25.44.

About Brookstone Ultra-Short Bond ETF

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.