Democratic Large Cap Core ETF (NASDAQ:DEMZ) Short Interest Down 61.1% in August

Democratic Large Cap Core ETF (NASDAQ:DEMZ) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 5,300 shares, a decline of 61.1% from the August 15th total of 13,622 shares. Based on an average trading volume of 2,974 shares, the short-interest ratio is currently 1.8 days. Currently, 0.4% of the shares of the stock are sold short.

Democratic Large Cap Core ETF Price Performance

Shares of NASDAQ DEMZ traded up $0.62 during mid-day trading on Friday, hitting $47.47. The company’s stock had a trading volume of 3,042 shares, compared to its average volume of 3,563. The company’s fifty day simple moving average is $47.49 and its 200-day simple moving average is $45.07. Democratic Large Cap Core ETF has a one year low of $39.04 and a one year high of $48.63. The stock has a market cap of $66.46 million, a price-to-earnings ratio of 28.63 and a beta of 1.03.

Institutional Investors Weigh In On Democratic Large Cap Core ETF

An institutional investor recently raised its stake in Democratic Large Cap Core ETF stock. Envestnet Portfolio Solutions Inc. grew its holdings in Democratic Large Cap Core ETF (NASDAQ:DEMZ) by 64.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 100,109 shares of the company’s stock after purchasing an additional 39,158 shares during the period. Envestnet Portfolio Solutions Inc. owned about 7.70% of Democratic Large Cap Core ETF worth $4,271,000 at the end of the most recent quarter.

About Democratic Large Cap Core ETF

The Democratic Large Cap Core ETF (DEMZ) is an exchange-traded fund that is based on the Democratic Large Cap Core index. The fund tracks an index of US large-cap companies whose employees are highly supportive of Democratic candidates. DEMZ was launched on Nov 2, 2020 and is managed by RAM.