Democratic Large Cap Core ETF (NASDAQ:DEMZ) Stock Short Interest Declines 70.8%

Democratic Large Cap Core ETF (NASDAQ:DEMZ) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 2,267 shares, a decline of 70.8% from the September 15th total of 7,767 shares. Based on an average daily volume of 2,701 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Democratic Large Cap Core ETF stock. Bank of New Hampshire bought a new position in Democratic Large Cap Core ETF (NASDAQ:DEMZ) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 3,625 shares of the company’s stock, valued at approximately $155,000. Bank of New Hampshire owned 0.28% of Democratic Large Cap Core ETF as of its most recent filing with the SEC.

Democratic Large Cap Core ETF Stock Down 0.2%

DEMZ stock traded down $0.09 during midday trading on Tuesday, hitting $49.27. The company’s stock had a trading volume of 632 shares, compared to its average volume of 3,380. Democratic Large Cap Core ETF has a 12 month low of $39.04 and a 12 month high of $49.67. The firm has a market capitalization of $69.96 million, a price-to-earnings ratio of 28.63 and a beta of 1.03. The company has a 50 day moving average of $48.16 and a two-hundred day moving average of $46.08.

Democratic Large Cap Core ETF Company Profile

The Democratic Large Cap Core ETF (DEMZ) is an exchange-traded fund that is based on the Democratic Large Cap Core index. The fund tracks an index of US large-cap companies whose employees are highly supportive of Democratic candidates. DEMZ was launched on Nov 2, 2020 and is managed by RAM.