Democratic Large Cap Core ETF (NASDAQ:DEMZ) Sees Significant Increase in Short Interest

Democratic Large Cap Core ETF (NASDAQ:DEMZ) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 7,264 shares, a growth of 238.8% from the July 15th total of 2,144 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 1,540 shares, the short-interest ratio is currently 4.7 days.

Democratic Large Cap Core ETF Trading Up 0.4%

NASDAQ DEMZ traded up $0.19 during mid-day trading on Thursday, reaching $48.63. 572 shares of the company’s stock traded hands, compared to its average volume of 3,640. Democratic Large Cap Core ETF has a 1-year low of $39.04 and a 1-year high of $48.63. The company has a fifty day simple moving average of $46.89 and a 200-day simple moving average of $44.34. The company has a market cap of $68.08 million, a price-to-earnings ratio of 28.63 and a beta of 1.03.

Institutional Trading of Democratic Large Cap Core ETF

An institutional investor recently raised its position in Democratic Large Cap Core ETF stock. Envestnet Portfolio Solutions Inc. raised its stake in shares of Democratic Large Cap Core ETF (NASDAQ:DEMZ) by 64.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 100,109 shares of the company’s stock after acquiring an additional 39,158 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 7.70% of Democratic Large Cap Core ETF worth $4,271,000 at the end of the most recent quarter.

Democratic Large Cap Core ETF Company Profile

The Democratic Large Cap Core ETF (DEMZ) is an exchange-traded fund that is based on the Democratic Large Cap Core index. The fund tracks an index of US large-cap companies whose employees are highly supportive of Democratic candidates. DEMZ was launched on Nov 2, 2020 and is managed by RAM.