Barron’s 400 ETF (NYSEARCA:BFOR) Sees Large Drop in Short Interest

Barron’s 400 ETF (NYSEARCA:BFOR) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 17,109 shares, a decrease of 47.3% from the July 30th total of 32,465 shares. Based on an average daily trading volume, of 57,221 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the shares of the company are short sold.

Barron’s 400 ETF Stock Down 0.5%

Barron’s 400 ETF stock traded down $0.13 during mid-day trading on Monday, hitting $23.99. 3,215 shares of the company’s stock traded hands, compared to its average volume of 31,074. The firm has a 50 day moving average price of $23.86 and a 200 day moving average price of $22.59. The company has a market cap of $235.58 million, a PE ratio of 16.61 and a beta of 1.01. Barron’s 400 ETF has a one year low of $19.31 and a one year high of $24.65.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BFOR. LPL Financial LLC increased its stake in Barron’s 400 ETF by 1.3% during the 4th quarter. LPL Financial LLC now owns 13,453 shares of the company’s stock valued at $1,108,000 after buying an additional 176 shares during the period. Susquehanna International Group LLP raised its position in shares of Barron’s 400 ETF by 64.4% during the 3rd quarter. Susquehanna International Group LLP now owns 6,689 shares of the company’s stock worth $543,000 after buying an additional 2,620 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Barron’s 400 ETF by 43.0% in the 3rd quarter. Bank of America Corp DE now owns 55,395 shares of the company’s stock worth $4,497,000 after acquiring an additional 16,646 shares during the period. Raymond James Financial Inc. lifted its stake in shares of Barron’s 400 ETF by 38.7% in the 3rd quarter. Raymond James Financial Inc. now owns 2,850 shares of the company’s stock worth $231,000 after acquiring an additional 795 shares during the period. Finally, Envestnet Asset Management Inc. bought a new position in shares of Barron’s 400 ETF in the third quarter valued at approximately $260,000.

Barron’s 400 ETF Company Profile

The Barron’s 400 ETF (BFOR) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equally weighted index comprising 400 US companies selected on fundamental parameters. BFOR was launched on Jun 4, 2013 and is managed by ALPS.