Bancreek US Large Cap ETF (NYSEARCA:BCUS) Sees Significant Increase in Short Interest

Bancreek US Large Cap ETF (NYSEARCA:BCUS) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 2,394 shares, a growth of 185.7% from the May 14th total of 838 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 5,431 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Bancreek US Large Cap ETF stock. JPMorgan Chase & Co. bought a new position in Bancreek US Large Cap ETF (NYSEARCA:BCUS) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 867 shares of the company’s stock, valued at approximately $28,000.

Bancreek US Large Cap ETF Stock Up 0.6%

Shares of BCUS stock traded up $0.22 on Friday, reaching $36.37. The company had a trading volume of 4,394 shares, compared to its average volume of 21,462. The stock has a market capitalization of $109.84 million, a PE ratio of 29.33 and a beta of 0.86. Bancreek US Large Cap ETF has a one year low of $30.41 and a one year high of $36.55. The business’s 50-day moving average is $34.94 and its 200 day moving average is $33.48.

About Bancreek US Large Cap ETF

The Bancreek U.S. Large Cap ETF (BCUS) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in US large-cap companies the sub-adviser believes exhibit structurally advantaged business models. BCUS was launched on Dec 20, 2023 and is issued by Bancreek.