Bluemonte Large Cap Value ETF (NYSEARCA:BVAL) Shares Shorted: Short Interest Up 316.3% in September

Bluemonte Large Cap Value ETF (NYSEARCA:BVAL) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 39,182 shares, a growth of 316.3% from the August 31st total of 9,413 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 38,840 shares, the short-interest ratio is presently 1.0 days.

Bluemonte Large Cap Value ETF Trading Up 0.4%

Shares of NYSEARCA BVAL traded up $0.12 during midday trading on Friday, hitting $31.71. The company’s stock had a trading volume of 55,607 shares, compared to its average volume of 29,384. Bluemonte Large Cap Value ETF has a 1-year low of $26.57 and a 1-year high of $32.64. The firm’s fifty day moving average price is $31.91 and its 200-day moving average price is $30.64.

About Bluemonte Large Cap Value ETF

The investment seeks to track the performance, before fees and expenses, of the EQM Brand Value Index (the index). Under normal circumstances, at least 80% of the fund’s total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index measures the performance of up to 50 publicly-traded U.S. companies based on a proprietary analysis of the value of their brand relative to their market capitalization.