Short Interest in Brookstone Value Stock ETF (BATS:BAMV) Increases By 96.6%

Brookstone Value Stock ETF (BATS:BAMV) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 14,966 shares, a growth of 96.6% from the July 30th total of 7,614 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 16,641 shares, the days-to-cover ratio is currently 0.9 days.

Brookstone Value Stock ETF Price Performance

BATS:BAMV opened at $38.25 on Friday. Brookstone Value Stock ETF has a 12-month low of $31.02 and a 12-month high of $38.62. The firm has a market capitalization of $122.78 million, a P/E ratio of 22.10 and a beta of 0.77. The business has a 50 day simple moving average of $36.74 and a 200 day simple moving average of $34.90.

Institutional Trading of Brookstone Value Stock ETF

A number of large investors have recently modified their holdings of BAMV. North Star Asset Management Inc. bought a new stake in Brookstone Value Stock ETF in the 2nd quarter valued at about $227,000. Arkadios Wealth Advisors boosted its stake in Brookstone Value Stock ETF by 8.1% during the 4th quarter. Arkadios Wealth Advisors now owns 59,057 shares of the company’s stock valued at $1,914,000 after purchasing an additional 4,400 shares during the period. Finally, FSA Advisors Inc. grew its position in Brookstone Value Stock ETF by 5.2% in the 1st quarter. FSA Advisors Inc. now owns 10,535 shares of the company’s stock worth $342,000 after purchasing an additional 523 shares during the last quarter.

About Brookstone Value Stock ETF

The Brookstone Value Stock ETF (BAMV) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US companies with strong value based on external and internal research. It selects both mid- to large-cap stocks. BAMV was launched on Sep 27, 2023 and is issued by Brookstone.