Honeytree U.S. Equity ETF (NASDAQ:BEEZ) Sees Large Decline in Short Interest

Honeytree U.S. Equity ETF (NASDAQ:BEEZ) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 1,056 shares, a decline of 42.9% from the August 15th total of 1,851 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily trading volume, of 184 shares, the days-to-cover ratio is presently 5.7 days.

Honeytree U.S. Equity ETF Stock Performance

Shares of BEEZ opened at $34.13 on Thursday. The firm has a market cap of $34.10 million, a PE ratio of 31.20 and a beta of 0.73. The firm’s 50 day moving average price is $34.57 and its 200 day moving average price is $33.56. Honeytree U.S. Equity ETF has a twelve month low of $31.45 and a twelve month high of $35.74.

About Honeytree U.S. Equity ETF

The Honeytree U.S. Equity ETF (BEEZ) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that seeks capital appreciation by investing in a narrow basket of 25-30 large- and mid-cap US stocks perceived to be demonstrating responsible growth. BEEZ was launched on Nov 6, 2023 and is issued by Honeytree.