Brookstone Ultra-Short Bond ETF (BATS:BAMU) Stock Short Interest Report for October

Brookstone Ultra-Short Bond ETF (BATS:BAMU) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 5,464 shares, an increase of 146.5% from the September 30th total of 2,217 shares. Based on an average daily trading volume, of 7,768 shares, the short-interest ratio is currently 0.7 days. Currently, 0.2% of the company’s stock are short sold.

Brookstone Ultra-Short Bond ETF Stock Performance

Shares of BATS BAMU opened at $25.30 on Friday. The business has a 50-day moving average of $25.24 and a 200-day moving average of $25.24. Brookstone Ultra-Short Bond ETF has a fifty-two week low of $25.09 and a fifty-two week high of $25.42.

Brookstone Ultra-Short Bond ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 28th were given a dividend of $0.1739 per share. The ex-dividend date of this dividend was Friday, August 28th. This represents a $0.70 annualized dividend and a yield of 2.7%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Citadel Advisors LLC bought a new stake in shares of Brookstone Ultra-Short Bond ETF during the 2nd quarter worth approximately $528,000. Simplicity Wealth LLC boosted its holdings in shares of Brookstone Ultra-Short Bond ETF by 150.0% in the 3rd quarter. Simplicity Wealth LLC now owns 49,430 shares of the company’s stock valued at $1,247,000 after buying an additional 29,657 shares during the last quarter. Finally, Brookstone Capital Management bought a new position in shares of Brookstone Ultra-Short Bond ETF in the third quarter valued at $59,270,000.

Brookstone Ultra-Short Bond ETF Company Profile

The Brookstone Ultra-Short Bond ETF (BAMU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide exposure to US Treasurys and investment grade corporate bonds with maturities between 0-2 years. BAMU was launched on Sep 27, 2023 and is issued by Brookstone.