Brandes U.S. Value ETF (BATS:BUSA) Shares Shorted: Short Interest Down 56.0% in October

Brandes U.S. Value ETF (BATS:BUSA) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 6,026 shares, a decline of 56.0% from the September 30th total of 13,686 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 20,457 shares, the short-interest ratio is currently 0.3 days.

Brandes U.S. Value ETF Stock Up 0.5%

BUSA opened at $42.28 on Friday. The stock has a market cap of $292.58 million, a price-to-earnings ratio of 15.10 and a beta of 0.74. Brandes U.S. Value ETF has a twelve month low of $34.20 and a twelve month high of $42.74. The company’s 50-day moving average price is $41.11 and its two-hundred day moving average price is $39.56.

Institutional Investors Weigh In On Brandes U.S. Value ETF

An institutional investor recently bought a new position in Brandes U.S. Value ETF stock. Wedbush Securities Inc. acquired a new stake in Brandes U.S. Value ETF (BATS:BUSA) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 11,550 shares of the company’s stock, valued at approximately $453,000. Wedbush Securities Inc. owned about 0.17% of Brandes U.S. Value ETF at the end of the most recent quarter.

Brandes U.S. Value ETF Company Profile

The Brandes U.S. Value ETF (BUSA) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in equity securities of companies whose business activities are predominantly in the US. The fund seeks securities that are perceived to be trading at a discount to their intrinsic value BUSA was launched on Oct 3, 2023 and is issued by Brandes.