Brandes U.S. Value ETF (BATS:BUSA) Shares Shorted: Short Interest Down 62.7% in September

Brandes U.S. Value ETF (BATS:BUSA) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 9,513 shares, a decline of 62.7% from the August 31st total of 25,524 shares. Based on an average trading volume of 23,444 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On Brandes U.S. Value ETF

An institutional investor recently bought a new position in Brandes U.S. Value ETF stock. Wedbush Securities Inc. purchased a new stake in shares of Brandes U.S. Value ETF (BATS:BUSA) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 11,550 shares of the company’s stock, valued at approximately $453,000. Wedbush Securities Inc. owned 0.17% of Brandes U.S. Value ETF at the end of the most recent quarter.

Brandes U.S. Value ETF Stock Performance

Shares of BATS BUSA opened at $40.14 on Monday. Brandes U.S. Value ETF has a 52-week low of $34.00 and a 52-week high of $42.74. The firm has a market capitalization of $277.77 million, a price-to-earnings ratio of 15.10 and a beta of 0.74. The stock has a 50 day moving average price of $41.47 and a 200 day moving average price of $39.65.

Brandes U.S. Value ETF Company Profile

The Brandes U.S. Value ETF (BUSA) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in equity securities of companies whose business activities are predominantly in the US. The fund seeks securities that are perceived to be trading at a discount to their intrinsic value BUSA was launched on Oct 3, 2023 and is issued by Brandes.