Brookstone Value Stock ETF (BATS:BAMV) Sees Large Drop in Short Interest

Brookstone Value Stock ETF (BATS:BAMV) was the recipient of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 7,556 shares, a decline of 66.0% from the October 15th total of 22,223 shares. Based on an average trading volume of 12,292 shares, the short-interest ratio is presently 0.6 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Brookstone Value Stock ETF stock. FSA Advisors Inc. lifted its position in Brookstone Value Stock ETF (BATS:BAMV) by 5.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,535 shares of the company’s stock after purchasing an additional 523 shares during the quarter. FSA Advisors Inc. owned 0.33% of Brookstone Value Stock ETF worth $342,000 at the end of the most recent reporting period.

Brookstone Value Stock ETF Stock Down 0.3%

Brookstone Value Stock ETF stock opened at $36.91 on Friday. The business has a 50 day moving average price of $36.87 and a two-hundred day moving average price of $35.38. Brookstone Value Stock ETF has a 12 month low of $31.02 and a 12 month high of $38.62. The stock has a market cap of $118.48 million, a price-to-earnings ratio of 22.10 and a beta of 0.77.

Brookstone Value Stock ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Friday, August 28th were given a dividend of $0.1061 per share. The ex-dividend date was Friday, August 28th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.1%.

Brookstone Value Stock ETF Company Profile

The Brookstone Value Stock ETF (BAMV) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US companies with strong value based on external and internal research. It selects both mid- to large-cap stocks. BAMV was launched on Sep 27, 2023 and is issued by Brookstone.