God Bless America ETF (NYSEARCA:YALL) Sees Large Decline in Short Interest

God Bless America ETF (NYSEARCA:YALL) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,829 shares, a decline of 74.0% from the April 30th total of 7,047 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 5,949 shares, the days-to-cover ratio is currently 0.3 days.

God Bless America ETF Price Performance

NYSEARCA YALL traded up $0.23 on Friday, reaching $43.99. The stock had a trading volume of 7,343 shares, compared to its average volume of 7,253. The firm has a fifty day moving average of $43.30 and a two-hundred day moving average of $43.66. God Bless America ETF has a 1-year low of $39.84 and a 1-year high of $45.59. The company has a market cap of $99.42 million, a P/E ratio of 26.09 and a beta of 1.04.

Institutional Investors Weigh In On God Bless America ETF

Several large investors have recently added to or reduced their stakes in YALL. JPMorgan Chase & Co. bought a new stake in God Bless America ETF during the third quarter worth $35,000. Equitable Trust Co. lifted its stake in God Bless America ETF by 10.0% during the fourth quarter. Equitable Trust Co. now owns 12,196 shares of the company’s stock worth $527,000 after purchasing an additional 1,106 shares during the last quarter. Finally, Goldman Sachs Group Inc. bought a new stake in God Bless America ETF during the first quarter worth about $784,000.

About God Bless America ETF

The God Bless America ETF (YALL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that provides broad exposure to US-listed stocks of various market capitalization. The fund screens out companies perceived to emphasize politically left and\u002For liberal political activism and social agendas. YALL was launched on Oct 10, 2022 and is managed by Tidal ETFs.