EA Bridgeway Omni Small-Cap Value ETF (NASDAQ:BSVO) Sees Significant Increase in Short Interest

EA Bridgeway Omni Small-Cap Value ETF (NASDAQ:BSVO) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 365,360 shares, an increase of 197.2% from the May 31st total of 122,928 shares. Based on an average trading volume of 120,833 shares, the short-interest ratio is presently 3.0 days. Approximately 0.4% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in BSVO. EverSource Wealth Advisors LLC lifted its stake in EA Bridgeway Omni Small-Cap Value ETF by 3.9% in the first quarter. EverSource Wealth Advisors LLC now owns 647,398 shares of the company’s stock valued at $16,424,000 after buying an additional 24,587 shares during the last quarter. Gibson Capital LLC increased its holdings in shares of EA Bridgeway Omni Small-Cap Value ETF by 0.5% in the 4th quarter. Gibson Capital LLC now owns 621,416 shares of the company’s stock valued at $14,479,000 after acquiring an additional 3,252 shares during the period. Finally, Ares Financial Consulting LLC acquired a new position in shares of EA Bridgeway Omni Small-Cap Value ETF in the 4th quarter valued at $27,000.

EA Bridgeway Omni Small-Cap Value ETF Stock Performance

Shares of BSVO stock traded down $0.05 during mid-day trading on Tuesday, hitting $29.11. 34,447 shares of the stock were exchanged, compared to its average volume of 159,558. The stock’s fifty day simple moving average is $27.83 and its two-hundred day simple moving average is $26.09. The stock has a market capitalization of $2.37 billion, a price-to-earnings ratio of 10.96 and a beta of 1.04. EA Bridgeway Omni Small-Cap Value ETF has a 12-month low of $19.96 and a 12-month high of $29.24.

About EA Bridgeway Omni Small-Cap Value ETF

The EA Bridgeway Omni Small-Cap Value ETF (BSVO) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed, broad, and diverse portfolio of US-listed, small-cap stocks that appear fundamentally undervalued and have environmental, social, and governance attributes as perceived by the fund adviser. BSVO was launched on Aug 31, 2011 and is managed by Alpha Architect.