Ballast Small/Mid Cap ETF (NYSEARCA:MGMT) Stock Short Interest Report for October

Ballast Small/Mid Cap ETF (NYSEARCA:MGMT) was the recipient of a significant decline in short interest in October. As of October 30th, there was short interest totaling 1,175 shares, a decline of 71.3% from the October 15th total of 4,087 shares. Based on an average daily volume of 4,836 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Trading of Ballast Small/Mid Cap ETF

A hedge fund recently bought a new stake in Ballast Small/Mid Cap ETF stock. Atlas Brown Inc. purchased a new position in shares of Ballast Small/Mid Cap ETF (NYSEARCA:MGMT) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 5,000 shares of the company’s stock, valued at approximately $243,000. Atlas Brown Inc. owned 0.15% of Ballast Small/Mid Cap ETF as of its most recent filing with the SEC.

Ballast Small/Mid Cap ETF Stock Performance

Shares of NYSEARCA MGMT traded down $0.06 during trading on Friday, hitting $50.18. 8,330 shares of the company traded hands, compared to its average volume of 8,547. The firm has a market capitalization of $165.59 million, a price-to-earnings ratio of 16.06 and a beta of 0.90. The business’s fifty day moving average is $49.58 and its 200 day moving average is $48.95. Ballast Small/Mid Cap ETF has a fifty-two week low of $40.77 and a fifty-two week high of $52.30.

About Ballast Small/Mid Cap ETF

The Ballast Small\u002FMid Cap ETF (MGMT) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively-managed fund that aims for positive risk-adjusted returns. MGMT was launched on Dec 2, 2020 and is managed by Ballast.