Bluemonte Large Cap Value ETF (NYSEARCA:BVAL) Stock Short Interest Jumps 67.2%

Bluemonte Large Cap Value ETF (NYSEARCA:BVAL) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 49,855 shares, a growth of 67.2% from the September 30th total of 29,824 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 25,779 shares, the days-to-cover ratio is presently 1.9 days.

Bluemonte Large Cap Value ETF Stock Performance

BVAL opened at $32.26 on Tuesday. The firm has a 50-day moving average price of $31.88 and a two-hundred day moving average price of $30.51. Bluemonte Large Cap Value ETF has a 1-year low of $26.57 and a 1-year high of $32.64.

Bluemonte Large Cap Value ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were paid a dividend of $0.1138 per share. This represents a $0.46 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Monday, September 28th. This is a positive change from Bluemonte Large Cap Value ETF’s previous quarterly dividend of $0.1131.

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.