Main International ETF (BATS:INTL) Sees Large Growth in Short Interest

Main International ETF (BATS:INTL) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 22,128 shares, a growth of 142.4% from the May 31st total of 9,127 shares. Based on an average daily volume of 26,698 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.4% of the shares of the company are short sold.

Main International ETF Price Performance

BATS INTL opened at $30.27 on Monday. The stock’s fifty day moving average price is $30.62 and its 200 day moving average price is $29.55. The company has a market cap of $156.19 million, a price-to-earnings ratio of 16.04 and a beta of 0.80. Main International ETF has a 1 year low of $25.34 and a 1 year high of $32.34.

Institutional Investors Weigh In On Main International ETF

An institutional investor recently raised its position in Main International ETF stock. Main Management LLC grew its position in shares of Main International ETF (BATS:INTL) by 2.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,735,118 shares of the company’s stock after purchasing an additional 89,077 shares during the quarter. Main International ETF makes up about 7.5% of Main Management LLC’s portfolio, making the stock its 6th biggest holding. Main Management LLC owned 72.39% of Main International ETF worth $104,247,000 at the end of the most recent reporting period.

Main International ETF Company Profile

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.