Short Interest in Main International ETF (BATS:INTL) Rises By 410.5%

Main International ETF (BATS:INTL) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 25,474 shares, an increase of 410.5% from the July 30th total of 4,990 shares. Based on an average daily volume of 25,049 shares, the short-interest ratio is presently 1.0 days. Currently, 0.5% of the shares of the company are sold short.

Institutional Investors Weigh In On Main International ETF

A hedge fund recently raised its position in Main International ETF stock. Main Management LLC boosted its position in Main International ETF (BATS:INTL) by 2.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 3,735,118 shares of the company’s stock after acquiring an additional 89,077 shares during the period. Main International ETF accounts for approximately 7.5% of Main Management LLC’s portfolio, making the stock its 6th largest holding. Main Management LLC owned approximately 72.39% of Main International ETF worth $104,247,000 at the end of the most recent quarter.

Main International ETF Price Performance

BATS:INTL opened at $31.48 on Friday. The company has a market capitalization of $162.44 million, a P/E ratio of 16.04 and a beta of 0.80. The business has a fifty day simple moving average of $30.64 and a two-hundred day simple moving average of $30.16. Main International ETF has a 1 year low of $26.38 and a 1 year high of $32.34.

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.