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

Bushido Capital US Equity ETF (NASDAQ:SMRI) was the target of a significant decrease in short interest during the month of August. As of August 15th, there was short interest totaling 21,900 shares, adecreaseof30.5% from the July 31st total of 31,500 shares. Based on an average daily volume of 18,100 shares, the short-interest ratio is presently 1.2 days. Based on an average daily volume of 18,100 shares, the short-interest ratio is presently 1.2 days.

Bushido Capital US Equity ETF Price Performance

Shares of SMRI stock opened at $34.22 on Monday. The firm has a market cap of $456.84 million, a P/E ratio of 14.55 and a beta of 0.76. The stock’s 50-day moving average is $33.14 and its two-hundred day moving average is $31.74. Bushido Capital US Equity ETF has a fifty-two week low of $26.95 and a fifty-two week high of $34.35.

Bushido Capital US Equity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 27th were paid a dividend of $0.0551 per share. The ex-dividend date was Friday, June 27th. This represents a $0.22 annualized dividend and a yield of 0.6%.

About Bushido Capital US Equity ETF

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.