Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Short Interest Update

Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 20,684 shares, a growth of 248.7% from the July 30th total of 5,932 shares. Based on an average trading volume of 27,528 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.0% of the company’s stock are sold short.

Brown Advisory Flexible Equity ETF Stock Up 0.1%

Shares of BAFE traded up $0.03 during trading hours on Friday, reaching $30.18. The company’s stock had a trading volume of 828 shares, compared to its average volume of 70,703. The company has a 50 day moving average of $29.50 and a two-hundred day moving average of $28.03. The firm has a market cap of $1.76 billion, a price-to-earnings ratio of 24.62 and a beta of 0.96. Brown Advisory Flexible Equity ETF has a 1-year low of $24.47 and a 1-year high of $30.58.

Institutional Investors Weigh In On Brown Advisory Flexible Equity ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BAFE. Avalon Trust Co purchased a new position in shares of Brown Advisory Flexible Equity ETF during the 1st quarter valued at $38,000. Royal Bank of Canada acquired a new stake in Brown Advisory Flexible Equity ETF during the first quarter valued at $169,000. Goldman Sachs Group Inc. acquired a new stake in Brown Advisory Flexible Equity ETF during the fourth quarter valued at $203,000. Jane Street Group LLC grew its stake in Brown Advisory Flexible Equity ETF by 11.6% in the fourth quarter. Jane Street Group LLC now owns 10,541 shares of the company’s stock valued at $288,000 after purchasing an additional 1,092 shares in the last quarter. Finally, Quantinno Capital Management LP acquired a new position in Brown Advisory Flexible Equity ETF in the 2nd quarter worth about $1,208,000.

About Brown Advisory Flexible Equity ETF

The Brown Advisory Flexible Equity ETF (BAFE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects a concentrated portfolio of US based equity securities of mid- and large-cap companies, diversified across the economy. Flexibility in the name indicates the strategy is not constrained to a specific size or style BAFE was launched on Nov 18, 2024 and is issued by Brown Advisory.