Short Interest in Bluemonte Large Cap Value ETF (NYSEARCA:BVAL) Increases By 390.6%

Bluemonte Large Cap Value ETF (NYSEARCA:BVAL) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 17,884 shares, an increase of 390.6% from the April 30th total of 3,645 shares. Based on an average daily volume of 26,237 shares, the short-interest ratio is presently 0.7 days. Approximately 0.2% of the company’s shares are sold short.

Bluemonte Large Cap Value ETF Stock Up 0.1%

Shares of Bluemonte Large Cap Value ETF stock traded up $0.04 on Thursday, hitting $30.88. 17,050 shares of the company’s stock traded hands, compared to its average volume of 28,369. Bluemonte Large Cap Value ETF has a one year low of $25.06 and a one year high of $30.94. The company has a fifty day moving average of $29.28 and a two-hundred day moving average of $28.68.

Bluemonte Large Cap Value ETF Company Profile

The investment seeks to track the performance, before fees and expenses, of the EQM Brand Value Index (the index). Under normal circumstances, at least 80% of the fund’s total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index measures the performance of up to 50 publicly-traded U.S. companies based on a proprietary analysis of the value of their brand relative to their market capitalization.