Brookstone Active ETF (BATS:BAMA) Sees Large Growth in Short Interest

Brookstone Active ETF (BATS:BAMA) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 3,133 shares, an increase of 1,163.3% from the September 15th total of 248 shares. Based on an average daily trading volume, of 6,239 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the company’s stock are short sold.

Brookstone Active ETF Price Performance

Brookstone Active ETF stock traded up $0.21 during midday trading on Friday, reaching $36.96. The company’s stock had a trading volume of 1,227 shares, compared to its average volume of 5,589. The stock has a market capitalization of $49.90 million, a P/E ratio of 24.54 and a beta of 0.66. The stock’s 50-day simple moving average is $36.84 and its 200-day simple moving average is $36.07. Brookstone Active ETF has a 52-week low of $32.28 and a 52-week high of $37.36.

Brookstone Active ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Friday, August 28th were given a dividend of $0.1701 per share. The ex-dividend date was Friday, August 28th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.8%.

About Brookstone Active ETF

The Brookstone Active ETF (BAMA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to provide total return by investing in stocks, bonds, and cash and cash equivalents. The fund typically allocates 40%-80% of its assets in stocks BAMA was launched on Sep 28, 2023 and is issued by Brookstone.