Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Shares Shorted: Short Interest Up 82.6% in September

Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 24,058 shares, a growth of 82.6% from the August 31st total of 13,172 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 61,172 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Brown Advisory Flexible Equity ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Citadel Advisors LLC acquired a new stake in Brown Advisory Flexible Equity ETF in the 2nd quarter valued at about $788,000. Royal Bank of Canada acquired a new stake in Brown Advisory Flexible Equity ETF in the first quarter worth about $169,000. Quantinno Capital Management LP raised its holdings in Brown Advisory Flexible Equity ETF by 3.1% during the 1st quarter. Quantinno Capital Management LP now owns 127,260 shares of the company’s stock worth $3,220,000 after purchasing an additional 3,803 shares during the last quarter. Avalon Trust Co bought a new stake in Brown Advisory Flexible Equity ETF during the 1st quarter worth about $38,000. Finally, HB Wealth Management LLC lifted its position in Brown Advisory Flexible Equity ETF by 2.4% during the 1st quarter. HB Wealth Management LLC now owns 131,688 shares of the company’s stock valued at $3,332,000 after purchasing an additional 3,141 shares during the period.

Brown Advisory Flexible Equity ETF Price Performance

NASDAQ:BAFE traded down $0.16 during midday trading on Tuesday, reaching $29.54. The stock had a trading volume of 16,591 shares, compared to its average volume of 69,158. The stock has a market capitalization of $1.73 billion, a P/E ratio of 24.62 and a beta of 0.96. The firm’s fifty day simple moving average is $29.76 and its 200-day simple moving average is $28.50. Brown Advisory Flexible Equity ETF has a 1-year low of $24.47 and a 1-year high of $30.58.

About Brown Advisory Flexible Equity ETF

The Brown Advisory Flexible Equity ETF (BAFE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects a concentrated portfolio of US based equity securities of mid- and large-cap companies, diversified across the economy. Flexibility in the name indicates the strategy is not constrained to a specific size or style BAFE was launched on Nov 18, 2024 and is issued by Brown Advisory.