Bancreek US Large Cap ETF (NYSEARCA:BCUS) Sees Large Drop in Short Interest

Bancreek US Large Cap ETF (NYSEARCA:BCUS) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 838 shares, a drop of 73.3% from the April 30th total of 3,133 shares. Based on an average daily volume of 4,369 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Bancreek US Large Cap ETF Price Performance

Shares of NYSEARCA BCUS traded up $0.05 during midday trading on Friday, hitting $35.77. The company’s stock had a trading volume of 4,748 shares, compared to its average volume of 23,052. The business’s fifty day simple moving average is $34.15 and its two-hundred day simple moving average is $33.22. Bancreek US Large Cap ETF has a 1 year low of $30.41 and a 1 year high of $35.94. The firm has a market capitalization of $108.03 million, a price-to-earnings ratio of 29.33 and a beta of 0.88.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Bancreek US Large Cap ETF stock. JPMorgan Chase & Co. acquired a new stake in Bancreek US Large Cap ETF (NYSEARCA:BCUS) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 867 shares of the company’s stock, valued at approximately $28,000.

About Bancreek US Large Cap ETF

The Bancreek U.S. Large Cap ETF (BCUS) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in US large-cap companies the sub-adviser believes exhibit structurally advantaged business models. BCUS was launched on Dec 20, 2023 and is issued by Bancreek.