Main International ETF (BATS:INTL) Sees Large Growth in Short Interest

Main International ETF (BATS:INTL) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 36,022 shares, an increase of 75.2% from the June 30th total of 20,556 shares. Based on an average daily trading volume, of 26,565 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.7% of the company’s shares are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Main International ETF stock. Main Management LLC lifted its position in Main International ETF (BATS:INTL) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,735,118 shares of the company’s stock after purchasing an additional 89,077 shares during the quarter. Main International ETF comprises about 7.5% of Main Management LLC’s holdings, making the stock its 6th biggest holding. Main Management LLC owned approximately 72.39% of Main International ETF worth $104,247,000 at the end of the most recent reporting period.

Main International ETF Stock Performance

BATS INTL opened at $30.34 on Friday. The stock’s fifty day moving average is $30.53 and its two-hundred day moving average is $29.89. The firm has a market capitalization of $156.55 million, a P/E ratio of 16.04 and a beta of 0.80. Main International ETF has a fifty-two week low of $25.34 and a fifty-two week high of $32.34.

Main International ETF Company Profile

The Main International ETF (INTL) is an exchange-traded fund that mostly invests in total market equity. The fund is a fund-of-funds containing non-US equity exposure. The fund is actively managed, seeking long term capital appreciation through equity exposure and covered option writing strategies. INTL was launched on Dec 1, 2022 and is managed by Main Funds.