Short Interest in Bushido Capital US Equity ETF (NASDAQ:SMRI) Declines By 41.4%

Bushido Capital US Equity ETF (NASDAQ:SMRI) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 4,541 shares, a decline of 41.4% from the August 15th total of 7,745 shares. Based on an average trading volume of 29,124 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Bushido Capital US Equity ETF Price Performance

Shares of SMRI traded down $0.76 during midday trading on Wednesday, reaching $47.27. 27,316 shares of the stock were exchanged, compared to its average volume of 13,426. The company has a market capitalization of $684.94 million, a price-to-earnings ratio of 14.55 and a beta of 0.84. Bushido Capital US Equity ETF has a twelve month low of $33.63 and a twelve month high of $50.48. The business’s 50-day moving average price is $46.05 and its 200 day moving average price is $41.16.

Bushido Capital US Equity ETF Announces 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 $0.0295 per share. The ex-dividend date was Monday, June 29th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.2%.

Bushido Capital US Equity ETF Company Profile

The Bushido Capital US Equity ETF (SMRI) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages an equally weighted portfolio of 30 to 50 US stocks believed to be undervalued but financially attractive. The funds stock selection involves a fundamental value approach. SMRI was launched on Sep 14, 2023 and is issued by Bushido.