Bluemonte Large Cap Value ETF (NYSEARCA:BVAL) Stock Short Interest Report for October

Bluemonte Large Cap Value ETF (NYSEARCA:BVAL) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 49,855 shares, an increase of 67.2% from the September 30th total of 29,824 shares. Based on an average daily trading volume, of 25,779 shares, the short-interest ratio is presently 1.9 days. Approximately 0.5% of the shares of the stock are short sold.

Bluemonte Large Cap Value ETF Price Performance

Shares of NYSEARCA BVAL opened at $32.20 on Monday. Bluemonte Large Cap Value ETF has a 52-week low of $26.57 and a 52-week high of $32.64. The business has a fifty day moving average of $31.88 and a two-hundred day moving average of $30.49.

Bluemonte Large Cap Value ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th were issued a $0.1138 dividend. This represents a $0.46 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, September 28th. This is an increase from Bluemonte Large Cap Value ETF’s previous quarterly dividend of $0.1131.

Bluemonte Large Cap Value ETF Company Profile

The investment seeks to track the performance, before fees and expenses, of the EQM Brand Value Index (the index). Under normal circumstances, at least 80% of the fund’s total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index measures the performance of up to 50 publicly-traded U.S. companies based on a proprietary analysis of the value of their brand relative to their market capitalization.