Unusual Whales Subversive Democratic Trading ETF (BATS:NANC) Sees Significant Growth in Short Interest

Unusual Whales Subversive Democratic Trading ETF (BATS:NANC) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 62,227 shares, an increase of 67.2% from the July 30th total of 37,214 shares. Approximately 1.2% of the company’s stock are sold short. Based on an average trading volume of 17,186 shares, the days-to-cover ratio is currently 3.6 days.

Institutional Trading of Unusual Whales Subversive Democratic Trading ETF

An institutional investor recently bought a new stake in Unusual Whales Subversive Democratic Trading ETF stock. Arax Advisory Partners purchased a new stake in shares of Unusual Whales Subversive Democratic Trading ETF (BATS:NANC) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 543 shares of the company’s stock, valued at approximately $25,000.

Unusual Whales Subversive Democratic Trading ETF Stock Performance

Shares of NANC stock opened at $51.95 on Monday. Unusual Whales Subversive Democratic Trading ETF has a fifty-two week low of $40.79 and a fifty-two week high of $52.78. The firm has a market capitalization of $279.49 million, a price-to-earnings ratio of 27.71 and a beta of 1.14. The stock’s 50-day simple moving average is $50.57 and its 200-day simple moving average is $47.69.

About Unusual Whales Subversive Democratic Trading ETF

The Unusual Whales Subversive Democratic Trading ETF (NANC) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to broadly invest in stocks purchased or sold by Democratic members of the US Congress and their families. NANC was launched on Dec 7, 2019 and is managed by Subversive.