Tweedy Browne Insider Value ETF (NYSEARCA:COPY) Sees Large Growth in Short Interest

Tweedy Browne Insider Value ETF (NYSEARCA:COPY) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 230,915 shares, a growth of 70.4% from the September 30th total of 135,480 shares. Based on an average trading volume of 180,549 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.9% of the company’s shares are sold short.

Hedge Funds Weigh In On Tweedy Browne Insider Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Glenmede Trust Co. NA purchased a new stake in Tweedy Browne Insider Value ETF in the first quarter worth about $464,000. EverSource Wealth Advisors LLC raised its position in shares of Tweedy Browne Insider Value ETF by 733.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 151,282 shares of the company’s stock worth $2,076,000 after acquiring an additional 133,137 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC lifted its stake in shares of Tweedy Browne Insider Value ETF by 14.8% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 650,109 shares of the company’s stock valued at $9,576,000 after purchasing an additional 84,030 shares during the period. Hedge funds and other institutional investors own 0.19% of the company’s stock.

Tweedy Browne Insider Value ETF Stock Up 0.4%

NYSEARCA:COPY opened at $15.82 on Tuesday. The firm’s fifty day simple moving average is $15.63 and its 200 day simple moving average is $14.81. The stock has a market cap of $436.00 million, a P/E ratio of -263.67 and a beta of 0.52. Tweedy Browne Insider Value ETF has a twelve month low of $11.86 and a twelve month high of $16.20.

About Tweedy Browne Insider Value ETF

The Tweedy Browne Insider + Value ETF Trust Units (COPY) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that selects undervalued equities globally using a proprietary methodology. It focuses on companies where insiders, defined as corporate officers, are actively purchasing equity securities and where the company is conducting share buybacks COPY was launched on Dec 27, 2024 and is issued by Tweedy, Browne Co