Brookstone Intermediate Bond ETF (BATS:BAMB) Sees Significant Growth in Short Interest

Brookstone Intermediate Bond ETF (BATS:BAMB) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 7,198 shares, a growth of 1,070.4% from the June 30th total of 615 shares. Based on an average daily volume of 7,680 shares, the short-interest ratio is presently 0.9 days. Currently, 0.3% of the company’s stock are sold short.

Hedge Funds Weigh In On Brookstone Intermediate Bond ETF

An institutional investor recently bought a new stake in Brookstone Intermediate Bond ETF stock. JPMorgan Chase & Co. purchased a new stake in shares of Brookstone Intermediate Bond ETF (BATS:BAMB) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 2,161 shares of the company’s stock, valued at approximately $57,000. JPMorgan Chase & Co. owned approximately 0.09% of Brookstone Intermediate Bond ETF at the end of the most recent quarter.

Brookstone Intermediate Bond ETF Stock Performance

Shares of BAMB opened at $25.75 on Friday. The stock has a 50-day moving average of $25.93 and a 200-day moving average of $26.21. Brookstone Intermediate Bond ETF has a one year low of $25.71 and a one year high of $26.88.

About Brookstone Intermediate Bond ETF

The Brookstone Intermediate Bond ETF (BAMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide exposure to US Treasurys and investment grade corporate bonds with maturities between 0-10 years. BAMB was launched on Sep 27, 2023 and is issued by Brookstone.