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

Main International ETF (BATS:INTL) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 4,990 shares, a decline of 86.1% from the July 15th total of 36,022 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 56,825 shares, the short-interest ratio is currently 0.1 days.

Main International ETF Price Performance

Shares of BATS:INTL opened at $31.07 on Wednesday. The business’s 50 day simple moving average is $30.50 and its 200-day simple moving average is $30.00. The firm has a market capitalization of $160.32 million, a price-to-earnings ratio of 16.04 and a beta of 0.80. Main International ETF has a 12 month low of $26.26 and a 12 month high of $32.34.

Institutional Trading of Main International ETF

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

About Main International ETF

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.