Main International ETF (BATS:INTL) Trading Down 2.5% – What’s Next?

Main International ETF (BATS:INTLGet Free Report) shares were down 2.5% during mid-day trading on Thursday . The stock traded as low as $28.26 and last traded at $28.26. Approximately 34,485 shares traded hands during trading, a decline of 18% from the average daily volume of 42,168 shares. The stock had previously closed at $28.98.

Wall Street Analyst Weigh In

Separately, Tigress Financial boosted their target price on shares of Main International ETF from $52.00 to $66.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th.

View Our Latest Analysis on INTL

Main International ETF Price Performance

The stock’s fifty day moving average price is $29.47 and its 200-day moving average price is $28.36. The firm has a market cap of $145.82 million, a PE ratio of 16.04 and a beta of 0.80.

Main International ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, December 29th. Investors of record on Tuesday, December 23rd were paid a dividend of $0.7176 per share. This represents a yield of 515.0%. The ex-dividend date of this dividend was Tuesday, December 23rd.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Main International ETF stock. Main Management LLC lifted its stake in shares of Main International ETF (BATS:INTLFree Report) by 0.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,633,161 shares of the company’s stock after purchasing an additional 12,549 shares during the period. Main International ETF accounts for about 7.4% of Main Management LLC’s portfolio, making the stock its 4th largest holding. Main Management LLC owned approximately 70.41% of Main International ETF worth $93,659,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Main International ETF Company Profile

(Get Free Report)

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.

Further Reading

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