Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Short Interest Update

Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 5,932 shares, a drop of 69.1% from the July 15th total of 19,181 shares. Based on an average trading volume of 33,987 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Brown Advisory Inc. lifted its position in shares of Brown Advisory Flexible Equity ETF by 4.0% in the 4th quarter. Brown Advisory Inc. now owns 54,540,208 shares of the company’s stock worth $1,490,038,000 after purchasing an additional 2,093,356 shares during the period. HB Wealth Management LLC boosted its stake in shares of 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 purchasing an additional 3,141 shares during the last quarter. Quantinno Capital Management LP increased its position in shares of Brown Advisory Flexible Equity ETF by 3.1% during the first quarter. Quantinno Capital Management LP now owns 127,260 shares of the company’s stock worth $3,220,000 after buying an additional 3,803 shares during the period. Tred Avon Family Wealth LLC acquired a new stake in shares of Brown Advisory Flexible Equity ETF during the fourth quarter worth $2,171,000. Finally, Jane Street Group LLC bought a new position in Brown Advisory Flexible Equity ETF during the second quarter worth $1,359,000.

Brown Advisory Flexible Equity ETF Price Performance

Shares of Brown Advisory Flexible Equity ETF stock traded down $0.06 during midday trading on Friday, reaching $30.41. The company had a trading volume of 60,443 shares, compared to its average volume of 70,958. The stock has a fifty day moving average price of $29.26 and a 200 day moving average price of $27.84. The firm has a market cap of $1.77 billion, a PE ratio of 24.62 and a beta of 0.96. Brown Advisory Flexible Equity ETF has a fifty-two week low of $24.47 and a fifty-two week high of $30.58.

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.