Democratic Large Cap Core ETF (NASDAQ:DEMZ) Sees Large Growth in Short Interest

Democratic Large Cap Core ETF (NASDAQ:DEMZ) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 7,347 shares, an increase of 505.2% from the April 30th total of 1,214 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average trading volume of 3,569 shares, the short-interest ratio is presently 2.1 days.

Democratic Large Cap Core ETF Trading Up 0.1%

NASDAQ:DEMZ opened at $45.92 on Friday. Democratic Large Cap Core ETF has a 12-month low of $36.77 and a 12-month high of $46.06. The firm has a market cap of $61.99 million, a PE ratio of 28.63 and a beta of 1.04. The stock has a fifty day moving average price of $43.07 and a 200 day moving average price of $42.87.

Hedge Funds Weigh In On Democratic Large Cap Core ETF

A hedge fund recently raised its stake in Democratic Large Cap Core ETF stock. Envestnet Portfolio Solutions Inc. grew its stake in Democratic Large Cap Core ETF (NASDAQ:DEMZ) by 64.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 100,109 shares of the company’s stock after acquiring an additional 39,158 shares during the quarter. Envestnet Portfolio Solutions Inc. owned about 7.70% of Democratic Large Cap Core ETF worth $4,271,000 at the end of the most recent quarter.

About Democratic Large Cap Core ETF

The Democratic Large Cap Core ETF (DEMZ) is an exchange-traded fund that is based on the Democratic Large Cap Core index. The fund tracks an index of US large-cap companies whose employees are highly supportive of Democratic candidates. DEMZ was launched on Nov 2, 2020 and is managed by RAM.