Bluemonte Large Cap Value ETF (NYSEARCA:BVAL) Short Interest Update

Bluemonte Large Cap Value ETF (NYSEARCA:BVAL) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 16,402 shares, a decline of 34.6% from the June 30th total of 25,079 shares. Based on an average daily volume of 19,899 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the shares of the company are short sold.

Bluemonte Large Cap Value ETF Stock Performance

BVAL traded up $0.14 during midday trading on Friday, reaching $31.36. The company’s stock had a trading volume of 3,562 shares, compared to its average volume of 28,835. The company has a fifty day simple moving average of $31.15 and a 200 day simple moving average of $29.79. Bluemonte Large Cap Value ETF has a twelve month low of $25.60 and a twelve month high of $31.70.

About Bluemonte Large Cap Value ETF

The investment seeks to track the performance, before fees and expenses, of the EQM Brand Value Index (the index). Under normal circumstances, at least 80% of the fund’s total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index measures the performance of up to 50 publicly-traded U.S. companies based on a proprietary analysis of the value of their brand relative to their market capitalization.