Bushido Capital US SMID Cap Equity ETF (NASDAQ:RNIN) Sees Significant Drop in Short Interest

Bushido Capital US SMID Cap Equity ETF (NASDAQ:RNIN) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 5,255 shares, a decline of 43.2% from the September 15th total of 9,247 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 26,691 shares, the days-to-cover ratio is presently 0.2 days.

Bushido Capital US SMID Cap Equity ETF Price Performance

Shares of NASDAQ RNIN traded down $0.45 during trading on Friday, hitting $37.16. The stock had a trading volume of 4,347 shares, compared to its average volume of 12,178. Bushido Capital US SMID Cap Equity ETF has a 12 month low of $26.10 and a 12 month high of $38.96. The company has a market capitalization of $206.23 million, a PE ratio of -53.08 and a beta of 0.40. The firm has a fifty day moving average of $37.12 and a two-hundred day moving average of $33.89.

Bushido Capital US SMID Cap Equity ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were given a dividend of $0.0768 per share. The ex-dividend date of this dividend was Monday, September 28th. This is an increase from Bushido Capital US SMID Cap Equity ETF’s previous quarterly dividend of $0.0473. This represents a $0.31 dividend on an annualized basis and a dividend yield of 0.8%. Bushido Capital US SMID Cap Equity ETF’s payout ratio is -41.43%.

Bushido Capital US SMID Cap Equity ETF Company Profile

EA Series Trust – Bushido Capital US SMID Cap Equity ETF is an exchange traded fund launched and managed by Empowered Funds, LLC. The fund is co-managed by Sepio Capital, LP. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks of companies across diversified market capitalization. The fund employs fundamental and quantitative analysis to create its portfolio. EA Series Trust – Bushido Capital US SMID Cap Equity ETF is domiciled in the United States.