Bluemonte Large Cap Value ETF (NYSEARCA:BVAL) Stock Short Interest Report for October

Bluemonte Large Cap Value ETF (NYSEARCA:BVAL) was the target of a significant drop in short interest in October. As of October 30th, there was short interest totaling 10,075 shares, a drop of 79.8% from the October 15th total of 49,855 shares. Based on an average daily trading volume, of 32,879 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.

Bluemonte Large Cap Value ETF Trading Up 0.1%

Shares of NYSEARCA:BVAL traded up $0.02 during midday trading on Friday, hitting $32.50. 15,775 shares of the stock were exchanged, compared to its average volume of 29,590. Bluemonte Large Cap Value ETF has a twelve month low of $26.57 and a twelve month high of $32.81. The company has a 50 day moving average price of $31.90 and a 200-day moving average price of $30.68. The stock has a market cap of $319.80 million, a P/E ratio of 21.36 and a beta of 0.60.

Bluemonte Large Cap Value ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were issued a dividend of $0.1138 per share. This is an increase from Bluemonte Large Cap Value ETF’s previous quarterly dividend of $0.1131. The ex-dividend date was Monday, September 28th. This represents a $0.46 annualized dividend and a yield of 1.4%.

Bluemonte Large Cap Value ETF Company Profile

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.