Concourse Capital Focused Equity ETF (NASDAQ:CCFE) Sees Significant Decline in Short Interest

Concourse Capital Focused Equity ETF (NASDAQ:CCFE) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 6,115 shares, a drop of 45.9% from the April 30th total of 11,309 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 1,951 shares, the short-interest ratio is presently 3.1 days.

Concourse Capital Focused Equity ETF Stock Performance

NASDAQ CCFE remained flat at $27.52 during trading on Tuesday. 24 shares of the company’s stock were exchanged, compared to its average volume of 1,361. The company has a 50-day simple moving average of $26.97 and a 200 day simple moving average of $27.52. Concourse Capital Focused Equity ETF has a 1-year low of $23.75 and a 1-year high of $31.91.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Concourse Capital Focused Equity ETF stock. Arkadios Wealth Advisors acquired a new position in Concourse Capital Focused Equity ETF (NASDAQ:CCFE) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 109,166 shares of the company’s stock, valued at approximately $2,888,000. Arkadios Wealth Advisors owned about 8.03% of Concourse Capital Focused Equity ETF as of its most recent SEC filing.

About Concourse Capital Focused Equity ETF

EA Series Trust – Concourse Capital Focused Equity ETF is an exchange traded fund launched by and managed by Empowered Funds, LLC. The fund is co-managed by Concourse Capital Advisors, LLC. It invests in public equity markets of the United States and Canada region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of mid-cap companies. It employs fundamental and quantitative analysis with bottom-up stock picking approach to create its portfolio.