Short Interest in Brandes International ETF (BATS:BINV) Decreases By 43.6%

Brandes International ETF (BATS:BINVGet Free Report) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 36,090 shares, a decline of 43.6% from the July 30th total of 64,028 shares. Based on an average daily trading volume, of 30,564 shares, the short-interest ratio is presently 1.2 days. Currently, 0.5% of the company’s stock are sold short.

Brandes International ETF Stock Performance

BINV stock opened at $45.46 on Friday. The stock’s 50 day simple moving average is $44.07 and its 200 day simple moving average is $43.10. Brandes International ETF has a fifty-two week low of $36.93 and a fifty-two week high of $46.05. The company has a market cap of $320.49 million, a P/E ratio of 13.70 and a beta of 0.71.

Institutional Investors Weigh In On Brandes International ETF

A hedge fund recently bought a new stake in Brandes International ETF stock. JPMorgan Chase & Co. bought a new position in Brandes International ETF (BATS:BINVFree Report) during the third quarter, according to its most recent filing with the SEC. The firm bought 668 shares of the company’s stock, valued at approximately $26,000.

About Brandes International ETF

(Get Free Report)

The Brandes International ETF (BINV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in equity securities of companies who perform their business activities outside the US. The fund seeks securities that are perceived to be undervalued BINV was launched on Oct 3, 2023 and is issued by Brandes.

Further Reading

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