Brookstone Ultra-Short Bond ETF (BATS:BAMU – Get Free Report) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 3,405 shares, a decrease of 37.0% from the July 30th total of 5,405 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 5,502 shares, the short-interest ratio is presently 0.6 days.
Institutional Investors Weigh In On Brookstone Ultra-Short Bond ETF
Several hedge funds have recently added to or reduced their stakes in BAMU. JPMorgan Chase & Co. bought a new position in Brookstone Ultra-Short Bond ETF during the second quarter worth $118,000. Jane Street Group LLC acquired a new stake in shares of Brookstone Ultra-Short Bond ETF during the 2nd quarter worth about $328,000. Finally, AlphaStar Capital Management LLC acquired a new stake in shares of Brookstone Ultra-Short Bond ETF during the 4th quarter worth about $264,000.
Brookstone Ultra-Short Bond ETF Price Performance
BAMU opened at $25.17 on Tuesday. Brookstone Ultra-Short Bond ETF has a 12-month low of $25.09 and a 12-month high of $25.42. The business has a 50 day moving average of $25.28 and a 200-day moving average of $25.26.
Brookstone Ultra-Short Bond ETF Company Profile
The Brookstone Ultra-Short Bond ETF (BAMU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide exposure to US Treasurys and investment grade corporate bonds with maturities between 0-2 years. BAMU was launched on Sep 27, 2023 and is issued by Brookstone.
See Also
- Five stocks we like better than Brookstone Ultra-Short Bond ETF
- Securing AI: 5 Most-Upgraded Stocks From the Q2 Reporting Season
- Insiders Are Betting Big on These 3 Healthcare Stocks
- 3 Stocks for Investors Who Still Believe Cash Is King
- Dollar General and Dollar Tree Are Recovering, But Not for the Same Reason
Receive News & Ratings for Brookstone Ultra-Short Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookstone Ultra-Short Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
