Brandes U.S. Small-Mid Cap Value ETF (BATS:BSMC) Stock Short Interest Drops 44.1%

Brandes U.S. Small-Mid Cap Value ETF (BATS:BSMC) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 7,258 shares, a decrease of 44.1% from the August 31st total of 12,984 shares. Based on an average trading volume of 10,973 shares, the short-interest ratio is currently 0.7 days. Currently, 0.2% of the shares of the stock are short sold.

Brandes U.S. Small-Mid Cap Value ETF Trading Down 0.6%

BATS BSMC opened at $37.71 on Thursday. The firm’s 50 day simple moving average is $39.95 and its 200 day simple moving average is $38.60. The firm has a market capitalization of $132.74 million, a price-to-earnings ratio of 15.29 and a beta of 0.87. Brandes U.S. Small-Mid Cap Value ETF has a 1 year low of $32.40 and a 1 year high of $41.46.

About Brandes U.S. Small-Mid Cap Value ETF

The Brandes U.S. Small-Mid Cap Value ETF (BSMC) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, investing in equity securities of small- and mid-cap companies in the US. The fund seeks securities that are perceived to be undervalued BSMC was launched on Oct 3, 2023 and is issued by Brandes.