Kovitz Core Equity ETF (NYSEARCA:EQTY) Sees Significant Decline in Short Interest

Kovitz Core Equity ETF (NYSEARCA:EQTY) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 2,065 shares, a decline of 47.9% from the August 31st total of 3,961 shares. Based on an average daily volume of 45,272 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Kovitz Core Equity ETF Price Performance

Shares of EQTY stock traded down $0.12 during trading hours on Wednesday, hitting $29.02. 3,322 shares of the company’s stock were exchanged, compared to its average volume of 31,401. The stock’s 50-day moving average is $29.37 and its 200-day moving average is $27.98. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of 27.78 and a beta of 0.93. Kovitz Core Equity ETF has a 52 week low of $24.74 and a 52 week high of $30.06.

About Kovitz Core Equity ETF

The Kovitz Core Equity ETF (EQTY) is an exchange-traded fund that mostly invests in total market equity. The fund is a narrow, core equity portfolio of companies believed by the adviser to be high quality and undervalued. The actively managed fund invests in large- and mid-cap companies around the globe. EQTY was launched on Dec 28, 2011 and is managed by Kovitz.