Bastion Energy ETF (BATS:BESF) Sees Large Increase in Short Interest

Bastion Energy ETF (BATS:BESF) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 796 shares, an increase of 178.3% from the August 15th total of 286 shares. Based on an average daily volume of 1,788 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Bastion Energy ETF

A hedge fund recently bought a new position in Bastion Energy ETF stock. Lionsbridge Wealth Management LLC acquired a new position in shares of Bastion Energy ETF (BATS:BESF) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 72,511 shares of the company’s stock, valued at approximately $704,000. Lionsbridge Wealth Management LLC owned approximately 12.95% of Bastion Energy ETF as of its most recent filing with the Securities and Exchange Commission.

Bastion Energy ETF Price Performance

BATS BESF opened at $40.94 on Tuesday. The company has a fifty day simple moving average of $40.07 and a 200 day simple moving average of $39.74. Bastion Energy ETF has a 12-month low of $26.62 and a 12-month high of $43.41.

Bastion Energy ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were given a dividend of $0.0236 per share. The ex-dividend date of this dividend was Monday, June 29th. This represents a $0.09 annualized dividend and a dividend yield of 0.2%.

About Bastion Energy ETF

EA Series Trust – Bastion Energy ETF is an exchange traded fund launched and managed by Empowered Funds, LLC. The fund is co-managed by Bastion Fiduciary, LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across energy sectors. It invests in value stocks of companies across diversified market capitalization. It employs fundamental and quantitative analysis to create its portfolio. EA Series Trust – Bastion Energy ETF is domiciled in the United States.