Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Short Interest Up 132.9% in July

Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 19,181 shares, an increase of 132.9% from the June 30th total of 8,234 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 45,285 shares, the short-interest ratio is presently 0.4 days.

Brown Advisory Flexible Equity ETF Stock Performance

Shares of NASDAQ:BAFE traded down $0.21 during midday trading on Wednesday, hitting $28.90. The company’s stock had a trading volume of 2,957 shares, compared to its average volume of 74,306. The stock has a market capitalization of $1.68 billion, a price-to-earnings ratio of 24.62 and a beta of 0.97. The stock’s 50 day simple moving average is $28.89 and its 200 day simple moving average is $27.63. Brown Advisory Flexible Equity ETF has a fifty-two week low of $24.47 and a fifty-two week high of $29.61.

Institutional Investors Weigh In On Brown Advisory Flexible Equity ETF

A number of institutional investors have recently added to or reduced their stakes in BAFE. Brown Advisory Inc. raised its stake in Brown Advisory Flexible Equity ETF by 4.0% during the fourth quarter. Brown Advisory Inc. now owns 54,540,208 shares of the company’s stock worth $1,490,038,000 after acquiring an additional 2,093,356 shares in the last quarter. HB Wealth Management LLC raised its position in Brown Advisory Flexible Equity ETF by 2.4% in the 1st quarter. HB Wealth Management LLC now owns 131,688 shares of the company’s stock worth $3,332,000 after purchasing an additional 3,141 shares during the last quarter. Quantinno Capital Management LP raised its position in shares of Brown Advisory Flexible Equity ETF by 3.1% during the first quarter. Quantinno Capital Management LP now owns 127,260 shares of the company’s stock worth $3,220,000 after acquiring an additional 3,803 shares during the last quarter. Tred Avon Family Wealth LLC acquired a new position in Brown Advisory Flexible Equity ETF during the 4th quarter valued at about $2,171,000. Finally, Jane Street Group LLC bought a new stake in shares of Brown Advisory Flexible Equity ETF during the 2nd quarter valued at $1,359,000.

About Brown Advisory Flexible Equity ETF

The Brown Advisory Flexible Equity ETF (BAFE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects a concentrated portfolio of US based equity securities of mid- and large-cap companies, diversified across the economy. Flexibility in the name indicates the strategy is not constrained to a specific size or style BAFE was launched on Nov 18, 2024 and is issued by Brown Advisory.