Bushido Capital US Equity ETF (NASDAQ:SMRI) Sees Large Increase in Short Interest

Bushido Capital US Equity ETF (NASDAQ:SMRI) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 13,200 shares, an increase of 230.0% from the March 31st total of 4,000 shares. Based on an average daily trading volume, of 18,000 shares, the short-interest ratio is presently 0.7 days. Approximately 0.1% of the shares of the stock are short sold.

Bushido Capital US Equity ETF Price Performance

Shares of SMRI stock traded up $0.04 during midday trading on Monday, reaching $30.00. 2,320 shares of the company traded hands, compared to its average volume of 15,913. The firm has a market cap of $403.50 million, a PE ratio of 12.74 and a beta of 0.76. The firm’s 50 day simple moving average is $30.52 and its two-hundred day simple moving average is $31.55. Bushido Capital US Equity ETF has a 1-year low of $26.95 and a 1-year high of $33.98.

Bushido Capital US Equity ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 28th were given a $0.1386 dividend. This represents a $0.55 dividend on an annualized basis and a dividend yield of 1.85%. The ex-dividend date of this dividend was Friday, March 28th.

Bushido Capital US Equity ETF Company Profile

The Bushido Capital US Equity ETF (SMRI) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages an equally weighted portfolio of 30 to 50 US stocks believed to be undervalued but financially attractive. The funds stock selection involves a fundamental value approach.