Bushido Capital US SMID Cap Equity ETF (NASDAQ:RNIN) Sees Significant Drop in Short Interest

Bushido Capital US SMID Cap Equity ETF (NASDAQ:RNIN) saw a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 6,502 shares, a drop of 21.6% from the February 12th total of 8,297 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 5,674 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily volume of 5,674 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.1% of the company’s stock are short sold.

Bushido Capital US SMID Cap Equity ETF Stock Performance

Shares of NASDAQ RNIN traded down $0.07 during mid-day trading on Friday, hitting $28.21. 5,217 shares of the stock traded hands, compared to its average volume of 7,962. The company has a market cap of $130.05 million, a price-to-earnings ratio of -40.30 and a beta of 1.29. The stock has a fifty day moving average price of $28.53 and a 200-day moving average price of $27.81. Bushido Capital US SMID Cap Equity ETF has a 52 week low of $24.51 and a 52 week high of $29.25.

Bushido Capital US SMID Cap Equity ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were issued a dividend of $0.1261 per share. This is a boost from Bushido Capital US SMID Cap Equity ETF’s previous dividend of $0.07. The ex-dividend date was Tuesday, December 23rd. Bushido Capital US SMID Cap Equity ETF’s dividend payout ratio (DPR) is presently -27.14%.

About Bushido Capital US SMID Cap Equity ETF

EA Series Trust – Bushido Capital US SMID Cap Equity ETF is an exchange traded fund launched and managed by Empowered Funds, LLC. The fund is co-managed by Sepio Capital, LP. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks of companies across diversified market capitalization. The fund employs fundamental and quantitative analysis to create its portfolio. EA Series Trust – Bushido Capital US SMID Cap Equity ETF is domiciled in the United States.