Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Short Interest Update

Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 5,504 shares, a decrease of 80.3% from the May 31st total of 27,959 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 104,457 shares, the short-interest ratio is currently 0.1 days.

Brown Advisory Flexible Equity ETF Price Performance

Shares of NASDAQ BAFE traded up $0.14 during trading hours on Friday, reaching $28.56. The stock had a trading volume of 106,542 shares, compared to its average volume of 80,086. Brown Advisory Flexible Equity ETF has a twelve month low of $24.47 and a twelve month high of $29.29. The company has a market cap of $1.64 billion, a price-to-earnings ratio of 24.62 and a beta of 1.00. The business’s fifty day moving average is $28.43 and its two-hundred day moving average is $27.36.

Institutional Trading of Brown Advisory Flexible Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of BAFE. Avalon Trust Co bought a new stake in shares of Brown Advisory Flexible Equity ETF in the 1st quarter valued at about $38,000. Royal Bank of Canada bought a new stake in shares of Brown Advisory Flexible Equity ETF during the first quarter worth $169,000. Goldman Sachs Group Inc. acquired a new stake in shares of Brown Advisory Flexible Equity ETF during the fourth quarter valued at about $203,000. Jane Street Group LLC grew its stake in shares of Brown Advisory Flexible Equity ETF by 11.6% in the fourth quarter. Jane Street Group LLC now owns 10,541 shares of the company’s stock worth $288,000 after purchasing an additional 1,092 shares during the last quarter. Finally, Quantinno Capital Management LP acquired a new position in shares of Brown Advisory Flexible Equity ETF in the second quarter worth approximately $1,208,000.

Brown Advisory Flexible Equity ETF Company Profile

The Brown Advisory Flexible Equity ETF (BAFE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects a concentrated portfolio of US based equity securities of mid- and large-cap companies, diversified across the economy. Flexibility in the name indicates the strategy is not constrained to a specific size or style BAFE was launched on Nov 18, 2024 and is issued by Brown Advisory.