Democratic Large Cap Core ETF (NASDAQ:DEMZ) Short Interest Update

Democratic Large Cap Core ETF (NASDAQ:DEMZ) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 7,264 shares, an increase of 238.8% from the July 15th total of 2,144 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 1,540 shares, the days-to-cover ratio is currently 4.7 days.

Democratic Large Cap Core ETF Price Performance

DEMZ stock traded down $0.03 during midday trading on Friday, reaching $48.57. The company had a trading volume of 496 shares, compared to its average volume of 3,624. The company has a market capitalization of $68.00 million, a price-to-earnings ratio of 28.63 and a beta of 1.03. The stock has a 50 day moving average price of $46.93 and a 200-day moving average price of $44.37. Democratic Large Cap Core ETF has a 1-year low of $39.04 and a 1-year high of $48.63.

Hedge Funds Weigh In On Democratic Large Cap Core ETF

A hedge fund recently bought a new stake in Democratic Large Cap Core ETF stock. Bank of New Hampshire purchased a new position in shares of Democratic Large Cap Core ETF (NASDAQ:DEMZ) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 3,625 shares of the company’s stock, valued at approximately $155,000. Bank of New Hampshire owned approximately 0.28% of Democratic Large Cap Core ETF at the end of the most recent quarter.

About Democratic Large Cap Core ETF

The Democratic Large Cap Core ETF (DEMZ) is an exchange-traded fund that is based on the Democratic Large Cap Core index. The fund tracks an index of US large-cap companies whose employees are highly supportive of Democratic candidates. DEMZ was launched on Nov 2, 2020 and is managed by RAM.