Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Short Interest Up 184.1% in May

Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 20,756 shares, an increase of 184.1% from the April 30th total of 7,307 shares. Based on an average daily trading volume, of 40,484 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC grew its stake in Brown Advisory Flexible Equity ETF by 11.6% in the 4th quarter. Jane Street Group LLC now owns 10,541 shares of the company’s stock valued at $288,000 after buying an additional 1,092 shares during the last quarter. Avalon Trust Co acquired a new position in Brown Advisory Flexible Equity ETF in the 1st quarter valued at about $38,000. HB Wealth Management LLC grew its stake in Brown Advisory Flexible Equity ETF by 2.4% in the 1st quarter. HB Wealth Management LLC now owns 131,688 shares of the company’s stock valued at $3,332,000 after buying an additional 3,141 shares during the last quarter. Quantinno Capital Management LP grew its stake in Brown Advisory Flexible Equity ETF by 3.1% in the 1st quarter. Quantinno Capital Management LP now owns 127,260 shares of the company’s stock valued at $3,220,000 after buying an additional 3,803 shares during the last quarter. Finally, Royal Bank of Canada acquired a new position in Brown Advisory Flexible Equity ETF in the 1st quarter valued at about $169,000.

Brown Advisory Flexible Equity ETF Stock Performance

Shares of BAFE opened at $28.72 on Friday. Brown Advisory Flexible Equity ETF has a 52 week low of $24.47 and a 52 week high of $28.79. The firm has a market cap of $1.65 billion, a P/E ratio of 24.62 and a beta of 1.04. The firm’s 50-day simple moving average is $27.24 and its 200 day simple moving average is $27.07.

Brown Advisory Flexible Equity ETF Company Profile

The Brown Advisory Flexible Equity ETF (BAFE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects a concentrated portfolio of US based equity securities of mid- and large-cap companies, diversified across the economy. Flexibility in the name indicates the strategy is not constrained to a specific size or style BAFE was launched on Nov 18, 2024 and is issued by Brown Advisory.