Brookstone Ultra-Short Bond ETF (BATS:BAMU) Sees Large Decline in Short Interest

Brookstone Ultra-Short Bond ETF (BATS:BAMU) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 123 shares, a decrease of 85.0% from the June 15th total of 819 shares. Based on an average daily trading volume, of 10,490 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Brookstone Ultra-Short Bond ETF Price Performance

Shares of BAMU opened at $25.26 on Monday. The firm’s 50 day moving average price is $25.25 and its 200 day moving average price is $25.23. Brookstone Ultra-Short Bond ETF has a twelve month low of $25.09 and a twelve month high of $25.44.

Institutional Investors Weigh In On Brookstone Ultra-Short Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Jane Street Group LLC acquired a new stake in shares of Brookstone Ultra-Short Bond ETF in the second quarter worth about $328,000. AlphaStar Capital Management LLC acquired a new stake in shares of Brookstone Ultra-Short Bond ETF in the fourth quarter worth $264,000. Finally, JPMorgan Chase & Co. acquired a new stake in Brookstone Ultra-Short Bond ETF in the 2nd quarter worth $118,000.

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.