Short Interest in Brookstone Active ETF (BATS:BAMA) Grows By 500.7%

Brookstone Active ETF (BATS:BAMA) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 841 shares, an increase of 500.7% from the July 15th total of 140 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 3,143 shares, the days-to-cover ratio is currently 0.3 days.

Brookstone Active ETF Stock Performance

Shares of BATS BAMA opened at $37.13 on Thursday. The business has a 50 day simple moving average of $36.39 and a 200 day simple moving average of $35.32. Brookstone Active ETF has a 52 week low of $32.28 and a 52 week high of $37.20. The stock has a market cap of $50.13 million, a price-to-earnings ratio of 24.54 and a beta of 0.66.

About Brookstone Active ETF

The Brookstone Active ETF (BAMA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to provide total return by investing in stocks, bonds, and cash and cash equivalents. The fund typically allocates 40%-80% of its assets in stocks BAMA was launched on Sep 28, 2023 and is issued by Brookstone.