Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Short Interest Up 248.7% in August

Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 20,684 shares, a growth of 248.7% from the July 30th total of 5,932 shares. Based on an average daily volume of 27,528 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.0% of the company’s stock are short sold.

Brown Advisory Flexible Equity ETF Trading Down 0.0%

Shares of BAFE stock opened at $30.14 on Friday. Brown Advisory Flexible Equity ETF has a 1 year low of $24.47 and a 1 year high of $30.58. The firm’s fifty day moving average price is $29.52 and its two-hundred day moving average price is $28.04. The firm has a market capitalization of $1.76 billion, a P/E ratio of 24.62 and a beta of 0.96.

Hedge Funds Weigh In On Brown Advisory Flexible Equity ETF

Hedge funds have recently modified their holdings of the stock. Brown Advisory Inc. increased its position in shares of Brown Advisory Flexible Equity ETF by 4.0% in the fourth quarter. Brown Advisory Inc. now owns 54,540,208 shares of the company’s stock valued at $1,490,038,000 after acquiring an additional 2,093,356 shares during the last quarter. Jane Street Group LLC acquired a new position in Brown Advisory Flexible Equity ETF during the second quarter valued at approximately $1,359,000. Quantinno Capital Management LP acquired a new position in Brown Advisory Flexible Equity ETF during the second quarter valued at approximately $1,208,000. Goldman Sachs Group Inc. acquired a new position in Brown Advisory Flexible Equity ETF during the fourth quarter valued at approximately $203,000. Finally, Royal Bank of Canada bought a new position in Brown Advisory Flexible Equity ETF in the first quarter valued at approximately $169,000.

Brown Advisory Flexible Equity ETF Company Profile

The Brown Advisory Flexible Equity ETF (BAFE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects a concentrated portfolio of US based equity securities of mid- and large-cap companies, diversified across the economy. Flexibility in the name indicates the strategy is not constrained to a specific size or style BAFE was launched on Nov 18, 2024 and is issued by Brown Advisory.