Short Interest in Main International ETF (BATS:INTL) Decreases By 86.1%

Main International ETF (BATS:INTL) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 4,990 shares, a decrease of 86.1% from the July 15th total of 36,022 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 56,825 shares, the days-to-cover ratio is presently 0.1 days.

Main International ETF Stock Up 0.8%

Shares of Main International ETF stock opened at $31.32 on Thursday. Main International ETF has a 52 week low of $26.38 and a 52 week high of $32.34. The firm’s 50 day moving average is $30.50 and its two-hundred day moving average is $30.02. The firm has a market capitalization of $161.61 million, a P/E ratio of 16.04 and a beta of 0.80.

Institutional Investors Weigh In On Main International ETF

A hedge fund recently raised its position in Main International ETF stock. Main Management LLC raised its stake in Main International ETF (BATS:INTL) by 2.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,735,118 shares of the company’s stock after acquiring an additional 89,077 shares during the period. Main International ETF accounts for approximately 7.5% of Main Management LLC’s portfolio, making the stock its 6th largest position. Main Management LLC owned approximately 72.39% of Main International ETF worth $104,247,000 at the end of the most recent reporting period.

About Main International ETF

The Main International ETF (INTL) is an exchange-traded fund that mostly invests in total market equity. The fund is a fund-of-funds containing non-US equity exposure. The fund is actively managed, seeking long term capital appreciation through equity exposure and covered option writing strategies. INTL was launched on Dec 1, 2022 and is managed by Main Funds.