Short Interest in Brookstone Growth Stock ETF (BATS:BAMG) Drops By 81.6%

Brookstone Growth Stock ETF (BATS:BAMG) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 1,564 shares, a decrease of 81.6% from the July 30th total of 8,505 shares. Based on an average trading volume of 7,747 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Hedge Funds Weigh In On Brookstone Growth Stock ETF

A hedge fund recently raised its stake in Brookstone Growth Stock ETF stock. FSA Advisors Inc. raised its stake in Brookstone Growth Stock ETF (BATS:BAMG) by 4.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,036 shares of the company’s stock after purchasing an additional 450 shares during the quarter. FSA Advisors Inc. owned about 0.32% of Brookstone Growth Stock ETF worth $366,000 at the end of the most recent quarter.

Brookstone Growth Stock ETF Stock Performance

BAMG opened at $44.76 on Friday. The company’s 50 day simple moving average is $44.29 and its 200 day simple moving average is $41.60. Brookstone Growth Stock ETF has a 1 year low of $35.32 and a 1 year high of $45.45. The stock has a market capitalization of $142.34 million, a PE ratio of 31.62 and a beta of 1.15.

Brookstone Growth Stock ETF Company Profile

The Brookstone Growth Stock ETF (BAMG) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US companies with strong earnings growth potential based on proprietary and third party research. It selects both mid- to large-cap stocks with a focus on the latter. BAMG was launched on Sep 27, 2023 and is issued by Brookstone.