Bluemonte Large Cap Value ETF (NYSEARCA:BVAL) Shares Shorted: Short Interest Up 316.3% in September

Bluemonte Large Cap Value ETF (NYSEARCA:BVAL) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 39,182 shares, a growth of 316.3% from the August 31st total of 9,413 shares. Based on an average trading volume of 38,840 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.4% of the shares of the stock are short sold.

Bluemonte Large Cap Value ETF Stock Up 0.4%

Shares of NYSEARCA BVAL traded up $0.12 on Friday, hitting $31.71. The company’s stock had a trading volume of 55,607 shares, compared to its average volume of 29,384. The stock has a 50 day moving average of $31.91 and a 200-day moving average of $30.64. Bluemonte Large Cap Value ETF has a 12-month low of $26.57 and a 12-month high of $32.64.

About Bluemonte Large Cap Value ETF

The investment seeks to track the performance, before fees and expenses, of the EQM Brand Value Index (the index). Under normal circumstances, at least 80% of the fund’s total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index measures the performance of up to 50 publicly-traded U.S. companies based on a proprietary analysis of the value of their brand relative to their market capitalization.