Bushido Capital US Equity ETF (NASDAQ:SMRI) Sees Significant Decline in Short Interest

Bushido Capital US Equity ETF (NASDAQ:SMRI) was the recipient of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 7,745 shares, a drop of 57.8% from the July 30th total of 18,350 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 12,167 shares, the short-interest ratio is presently 0.6 days.

Bushido Capital US Equity ETF Trading Up 0.9%

NASDAQ SMRI opened at $48.71 on Friday. Bushido Capital US Equity ETF has a 1-year low of $33.63 and a 1-year high of $49.84. The company has a market capitalization of $705.81 million, a price-to-earnings ratio of 14.55 and a beta of 0.83. The stock’s 50 day moving average is $44.12 and its two-hundred day moving average is $39.97.

Bushido Capital US Equity ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were paid a $0.0295 dividend. The ex-dividend date of this dividend was Monday, June 29th. This represents a $0.12 annualized dividend and a yield of 0.2%.

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. SMRI was launched on Sep 14, 2023 and is issued by Bushido.