Short Interest in Main International ETF (BATS:INTL) Decreases By 78.3%

Main International ETF (BATS:INTL) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 9,127 shares, a decrease of 78.3% from the May 14th total of 42,055 shares. Based on an average daily trading volume, of 20,171 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are short sold.

Main International ETF Price Performance

Main International ETF stock opened at $30.16 on Wednesday. The company has a market capitalization of $155.63 million, a price-to-earnings ratio of 16.04 and a beta of 0.80. Main International ETF has a one year low of $24.83 and a one year high of $31.55. The company’s fifty day moving average price is $30.19 and its two-hundred day moving average price is $29.28.

Hedge Funds Weigh In On Main International ETF

A hedge fund recently raised its stake in Main International ETF stock. Main Management LLC boosted its holdings in shares of Main International ETF (BATS:INTL) by 2.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,735,118 shares of the company’s stock after buying an additional 89,077 shares during the quarter. Main International ETF comprises 7.5% of Main Management LLC’s portfolio, making the stock its 6th biggest holding. Main Management LLC owned 72.39% of Main International ETF worth $104,247,000 as of its most recent SEC filing.

About Main International ETF

The Main International ETF (INTL) is an exchange-traded fund that mostly invests in total market equity. The fund is a fund-of-funds containing non-US equity exposure. The fund is actively managed, seeking long term capital appreciation through equity exposure and covered option writing strategies. INTL was launched on Dec 1, 2022 and is managed by Main Funds.