Short Interest in Brandes U.S. Value ETF (BATS:BUSA) Increases By 123.6%

Brandes U.S. Value ETF (BATS:BUSA) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 18,123 shares, a growth of 123.6% from the May 31st total of 8,104 shares. Based on an average daily volume of 21,557 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Investors Weigh In On Brandes U.S. Value ETF

An institutional investor recently bought a new stake in Brandes U.S. Value ETF stock. Steph & Co. purchased a new position in shares of Brandes U.S. Value ETF (BATS:BUSA) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 7,337 shares of the company’s stock, valued at approximately $268,000. Steph & Co. owned approximately 0.11% of Brandes U.S. Value ETF as of its most recent filing with the Securities and Exchange Commission.

Brandes U.S. Value ETF Price Performance

Shares of BUSA opened at $39.44 on Wednesday. The stock’s 50-day moving average is $39.00 and its two-hundred day moving average is $38.22. The stock has a market cap of $272.92 million, a PE ratio of 15.10 and a beta of 0.74. Brandes U.S. Value ETF has a 12 month low of $32.54 and a 12 month high of $40.19.

Brandes U.S. Value ETF Company Profile

The Brandes U.S. Value ETF (BUSA) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in equity securities of companies whose business activities are predominantly in the US. The fund seeks securities that are perceived to be trading at a discount to their intrinsic value BUSA was launched on Oct 3, 2023 and is issued by Brandes.