Bancreek US Large Cap ETF (NYSEARCA:BCUS) Sees Large Increase in Short Interest

Bancreek US Large Cap ETF (NYSEARCA:BCUS) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 6,616 shares, a growth of 110.7% from the June 30th total of 3,140 shares. Based on an average daily trading volume, of 9,168 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the shares of the company are short sold.

Bancreek US Large Cap ETF Price Performance

Shares of BCUS stock traded down $0.53 during trading hours on Tuesday, reaching $34.96. 3,562 shares of the company traded hands, compared to its average volume of 28,303. The firm has a 50-day moving average price of $36.07 and a 200 day moving average price of $34.39. The company has a market cap of $149.63 million, a P/E ratio of 29.33 and a beta of 0.82. Bancreek US Large Cap ETF has a 12-month low of $30.80 and a 12-month high of $37.56.

Hedge Funds Weigh In On Bancreek US Large Cap ETF

A hedge fund recently bought a new stake in Bancreek US Large Cap ETF stock. JPMorgan Chase & Co. acquired a new position in Bancreek US Large Cap ETF (NYSEARCA:BCUS) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 867 shares of the company’s stock, valued at approximately $28,000.

Bancreek US Large Cap ETF Company Profile

The Bancreek U.S. Large Cap ETF (BCUS) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in US large-cap companies the sub-adviser believes exhibit structurally advantaged business models. BCUS was launched on Dec 20, 2023 and is issued by Bancreek.