Bancreek US Large Cap ETF (NYSEARCA:BCUS) Short Interest Down 25.8% in January

Bancreek US Large Cap ETF (NYSEARCA:BCUS) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 1,724 shares, a drop of 25.8% from the January 15th total of 2,325 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 9,588 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 9,588 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On Bancreek US Large Cap ETF

An institutional investor recently bought a new position in Bancreek US Large Cap ETF stock. JPMorgan Chase & Co. purchased a new position in shares of Bancreek US Large Cap ETF (NYSEARCA:BCUS) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 867 shares of the company’s stock, valued at approximately $28,000.

Bancreek US Large Cap ETF Stock Up 1.2%

Shares of BCUS opened at $33.48 on Friday. The company has a 50-day moving average price of $32.75 and a two-hundred day moving average price of $32.44. The stock has a market cap of $100.77 million, a price-to-earnings ratio of 29.33 and a beta of 0.87. Bancreek US Large Cap ETF has a 12 month low of $26.19 and a 12 month high of $33.87.

Bancreek US Large Cap ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were given a $0.0348 dividend. The ex-dividend date was Tuesday, December 30th. This represents a $0.14 dividend on an annualized basis and a yield of 0.4%.

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.