Short Interest in Brookstone Intermediate Bond ETF (BATS:BAMB) Grows By 1,070.4%

Brookstone Intermediate Bond ETF (BATS:BAMB) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 7,198 shares, a growth of 1,070.4% from the June 30th total of 615 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 7,680 shares, the days-to-cover ratio is presently 0.9 days.

Brookstone Intermediate Bond ETF Stock Performance

Shares of BATS:BAMB traded up $0.04 during trading on Friday, reaching $25.75. The stock had a trading volume of 2,150 shares, compared to its average volume of 7,457. The business’s 50-day moving average price is $25.93 and its 200 day moving average price is $26.21. Brookstone Intermediate Bond ETF has a 52 week low of $25.71 and a 52 week high of $26.88.

Institutional Investors Weigh In On Brookstone Intermediate Bond ETF

A hedge fund recently bought a new stake in Brookstone Intermediate Bond ETF stock. JPMorgan Chase & Co. bought a new stake in Brookstone Intermediate Bond ETF (BATS:BAMB) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,161 shares of the company’s stock, valued at approximately $57,000. JPMorgan Chase & Co. owned approximately 0.09% of Brookstone Intermediate Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About Brookstone Intermediate Bond ETF

The Brookstone Intermediate Bond ETF (BAMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide exposure to US Treasurys and investment grade corporate bonds with maturities between 0-10 years. BAMB was launched on Sep 27, 2023 and is issued by Brookstone.