Short Interest in Brookstone Ultra-Short Bond ETF (BATS:BAMU) Drops By 87.5%

Brookstone Ultra-Short Bond ETF (BATS:BAMU) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 504 shares, a decline of 87.5% from the April 30th total of 4,029 shares. Based on an average daily volume of 7,863 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. acquired a new position in Brookstone Ultra-Short Bond ETF in the second quarter valued at approximately $118,000. AlphaStar Capital Management LLC acquired a new position in Brookstone Ultra-Short Bond ETF in the fourth quarter valued at approximately $264,000. Finally, Jane Street Group LLC acquired a new position in Brookstone Ultra-Short Bond ETF in the second quarter valued at approximately $328,000.

Brookstone Ultra-Short Bond ETF Price Performance

Brookstone Ultra-Short Bond ETF stock opened at $25.34 on Thursday. Brookstone Ultra-Short Bond ETF has a 52 week low of $25.09 and a 52 week high of $25.44. The stock has a 50-day moving average price of $25.28 and a 200 day moving average price of $25.25.

About Brookstone Ultra-Short Bond ETF

The Brookstone Ultra-Short Bond ETF (BAMU) 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 0-2 years. BAMU was launched on Sep 27, 2023 and is issued by Brookstone.