Bushido Capital US Equity ETF (NASDAQ:SMRI) Short Interest Update

Bushido Capital US Equity ETF (NASDAQ:SMRI) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 8,028 shares, a decline of 84.1% from the March 15th total of 50,416 shares. Based on an average daily volume of 8,201 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.1% of the company’s stock are sold short.

Bushido Capital US Equity ETF Stock Down 1.4%

Shares of SMRI traded down $0.52 during midday trading on Friday, hitting $35.56. The company had a trading volume of 1,888 shares, compared to its average volume of 12,317. The stock has a market cap of $508.51 million, a price-to-earnings ratio of 14.55 and a beta of 0.84. The company’s 50 day moving average price is $35.84 and its 200 day moving average price is $35.70. Bushido Capital US Equity ETF has a 52 week low of $27.99 and a 52 week high of $37.19.

Bushido Capital US Equity ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 30th were issued a $0.066 dividend. The ex-dividend date of this dividend was Monday, March 30th.

Bushido Capital US Equity ETF Company Profile

The Bushido Capital US Equity ETF (SMRI) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages an equally weighted portfolio of 30 to 50 US stocks believed to be undervalued but financially attractive. The funds stock selection involves a fundamental value approach. SMRI was launched on Sep 14, 2023 and is issued by Bushido.