Short Interest in Bancreek US Large Cap ETF (NYSEARCA:BCUS) Declines By 60.4%

Bancreek US Large Cap ETF (NYSEARCA:BCUS) saw a significant decline in short interest in March. As of March 13th, there was short interest totaling 1,559 shares, a decline of 60.4% from the February 26th total of 3,936 shares. Based on an average daily volume of 67,971 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the company’s stock are sold short.

Bancreek US Large Cap ETF Stock Up 1.0%

Shares of BCUS stock opened at $32.34 on Thursday. The stock has a market cap of $97.34 million, a price-to-earnings ratio of 29.33 and a beta of 0.87. The business’s fifty day moving average is $33.03 and its 200 day moving average is $32.62. Bancreek US Large Cap ETF has a twelve month low of $26.19 and a twelve month high of $34.24.

Bancreek US Large Cap ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were issued a dividend of $0.0348 per share. This represents a $0.14 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Tuesday, December 30th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Bancreek US Large Cap ETF stock. JPMorgan Chase & Co. acquired a new stake in shares of Bancreek US Large Cap ETF (NYSEARCA:BCUS) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 867 shares of the company’s stock, valued at approximately $28,000.

About Bancreek US Large Cap ETF

The Bancreek U.S. Large Cap ETF (BCUS) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in US large-cap companies the sub-adviser believes exhibit structurally advantaged business models. BCUS was launched on Dec 20, 2023 and is issued by Bancreek.