Baron First Principles ETF (NYSE:RONB) Shares Shorted: Short Interest Up 132.5% in September

Baron First Principles ETF (NYSE:RONB) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 95,413 shares, a growth of 132.5% from the August 31st total of 41,030 shares. Based on an average daily trading volume, of 128,762 shares, the short-interest ratio is currently 0.7 days. Currently, 0.7% of the shares of the stock are sold short.

Baron First Principles ETF Price Performance

Baron First Principles ETF stock opened at $23.21 on Tuesday. Baron First Principles ETF has a 1 year low of $20.78 and a 1 year high of $26.73.

Institutional Trading of Baron First Principles ETF

Several institutional investors have recently modified their holdings of RONB. Envestnet Asset Management Inc. raised its position in shares of Baron First Principles ETF by 156.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 70,012 shares of the company’s stock worth $1,708,000 after purchasing an additional 42,754 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Baron First Principles ETF in the 2nd quarter worth about $171,000. Allworth Financial LP boosted its holdings in Baron First Principles ETF by 95.0% in the 2nd quarter. Allworth Financial LP now owns 3,900 shares of the company’s stock worth $95,000 after buying an additional 1,900 shares during the last quarter. Brown Lisle Cummings Inc. acquired a new stake in Baron First Principles ETF in the 2nd quarter worth about $49,000. Finally, IFP Advisors Inc increased its stake in Baron First Principles ETF by 300.0% during the 2nd quarter. IFP Advisors Inc now owns 1,400 shares of the company’s stock worth $34,000 after buying an additional 1,050 shares in the last quarter.

Baron First Principles ETF (NYSE: RONB) is an actively managed exchange-traded fund advised by Baron Capital, an investment management firm known for a long-term, research-driven approach to equity investing. The fund seeks long-term capital appreciation by investing primarily in companies that its managers believe have durable competitive advantages, strong growth prospects and capable leadership teams.

The fund applies a “first principles” investment framework, emphasizing fundamental research into a company’s business model, industry position, innovation potential and ability to create value over time.