Democratic Large Cap Core ETF (NASDAQ:DEMZ) Sees Significant Decrease in Short Interest

Democratic Large Cap Core ETF (NASDAQ:DEMZ) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 2,267 shares, a drop of 70.8% from the September 15th total of 7,767 shares. Based on an average daily trading volume, of 2,701 shares, the short-interest ratio is currently 0.8 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Democratic Large Cap Core ETF stock. Bank of New Hampshire bought a new position in shares of Democratic Large Cap Core ETF (NASDAQ:DEMZ) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 3,625 shares of the company’s stock, valued at approximately $155,000. Bank of New Hampshire owned approximately 0.28% of Democratic Large Cap Core ETF as of its most recent filing with the SEC.

Democratic Large Cap Core ETF Price Performance

Shares of NASDAQ DEMZ opened at $49.38 on Wednesday. The company has a market capitalization of $70.11 million, a price-to-earnings ratio of 28.63 and a beta of 1.03. The business has a 50-day moving average of $48.18 and a two-hundred day moving average of $46.15. Democratic Large Cap Core ETF has a 1 year low of $39.04 and a 1 year high of $49.67.

Democratic Large Cap Core ETF Company Profile

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.