Brookstone Ultra-Short Bond ETF (BATS:BAMU) Short Interest Up 788.6% in July

Brookstone Ultra-Short Bond ETF (BATS:BAMU) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 1,093 shares, an increase of 788.6% from the June 30th total of 123 shares. Based on an average daily trading volume, of 8,763 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. JPMorgan Chase & Co. purchased a new position in shares of Brookstone Ultra-Short Bond ETF during the 2nd quarter valued at $118,000. Jane Street Group LLC purchased a new stake in shares of Brookstone Ultra-Short Bond ETF in the second quarter worth $328,000. Finally, AlphaStar Capital Management LLC purchased a new stake in shares of Brookstone Ultra-Short Bond ETF in the fourth quarter worth $264,000.

Brookstone Ultra-Short Bond ETF Stock Performance

BAMU stock opened at $25.28 on Friday. The firm has a 50 day moving average of $25.24 and a 200-day moving average of $25.23. Brookstone Ultra-Short Bond ETF has a 12 month low of $25.09 and a 12 month high of $25.44.

Brookstone Ultra-Short Bond ETF Company Profile

The Brookstone Ultra-Short Bond ETF (BAMU) 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 0-2 years. BAMU was launched on Sep 27, 2023 and is issued by Brookstone.