Brookstone Active ETF (BATS:BAMA) Short Interest Up 329.3% in May

Brookstone Active ETF (BATS:BAMA) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 1,129 shares, a growth of 329.3% from the May 14th total of 263 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,672 shares, the days-to-cover ratio is presently 0.3 days.

Brookstone Active ETF Price Performance

Shares of BATS:BAMA opened at $36.31 on Friday. The company has a market capitalization of $49.02 million, a P/E ratio of 24.54 and a beta of 0.66. Brookstone Active ETF has a 1 year low of $31.00 and a 1 year high of $37.10. The business’s 50 day simple moving average is $35.64 and its 200 day simple moving average is $34.60.

About Brookstone Active ETF

The Brookstone Active ETF (BAMA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to provide total return by investing in stocks, bonds, and cash and cash equivalents. The fund typically allocates 40%-80% of its assets in stocks BAMA was launched on Sep 28, 2023 and is issued by Brookstone.