Brandes International ETF (BATS:BINV) Short Interest Update

Brandes International ETF (BATS:BINV) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totaling 86,649 shares, a growth of 75.3% from the May 31st total of 49,425 shares. Approximately 1.2% of the shares of the company are sold short. Based on an average daily volume of 51,362 shares, the short-interest ratio is currently 1.7 days.

Brandes International ETF Trading Down 0.2%

Shares of BINV opened at $41.89 on Thursday. Brandes International ETF has a twelve month low of $35.53 and a twelve month high of $45.77. The stock’s 50 day moving average is $42.61 and its two-hundred day moving average is $42.14. The firm has a market capitalization of $295.32 million, a PE ratio of 13.70 and a beta of 0.71.

Institutional Investors Weigh In On Brandes International ETF

An institutional investor recently bought a new position in Brandes International ETF stock. JPMorgan Chase & Co. purchased a new position in shares of Brandes International ETF (BATS:BINV) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 668 shares of the company’s stock, valued at approximately $26,000.

About Brandes International ETF

The Brandes International ETF (BINV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in equity securities of companies who perform their business activities outside the US. The fund seeks securities that are perceived to be undervalued BINV was launched on Oct 3, 2023 and is issued by Brandes.