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

Bastion Energy ETF (BATS:BESF) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 849 shares, an increase of 108.6% from the September 30th total of 407 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 5,096 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Bastion Energy ETF stock. Lionsbridge Wealth Management LLC purchased a new stake in shares of Bastion Energy ETF (BATS:BESF) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 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 SEC.

Bastion Energy ETF Stock Performance

BESF opened at $41.22 on Monday. The firm’s 50-day moving average price is $39.68 and its 200-day moving average price is $39.11. Bastion Energy ETF has a 52-week low of $31.27 and a 52-week high of $43.41.

Bastion Energy ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were given a dividend of $0.1352 per share. This represents a $0.54 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Monday, September 28th. This is a boost from Bastion Energy ETF’s previous quarterly dividend of $0.0236.

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.