Brookstone Value Stock ETF (BATS:BAMV) Sees Significant Growth in Short Interest

Brookstone Value Stock ETF (BATS:BAMV) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 22,223 shares, a growth of 168.2% from the September 30th total of 8,287 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average trading volume of 11,030 shares, the short-interest ratio is currently 2.0 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Brookstone Value Stock ETF stock. FSA Advisors Inc. raised its stake in Brookstone Value Stock ETF (BATS:BAMV) by 5.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,535 shares of the company’s stock after buying an additional 523 shares during the period. FSA Advisors Inc. owned about 0.33% of Brookstone Value Stock ETF worth $342,000 as of its most recent SEC filing.

Brookstone Value Stock ETF Stock Performance

Shares of BATS:BAMV opened at $37.13 on Friday. The firm has a market cap of $119.19 million, a PE ratio of 22.10 and a beta of 0.77. The firm’s fifty day moving average is $37.15 and its 200-day moving average is $35.23. Brookstone Value Stock ETF has a 52 week low of $31.02 and a 52 week high of $38.62.

Brookstone Value Stock ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 28th were issued a $0.1061 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, August 28th.

About Brookstone Value Stock ETF

The Brookstone Value Stock ETF (BAMV) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US companies with strong value based on external and internal research. It selects both mid- to large-cap stocks. BAMV was launched on Sep 27, 2023 and is issued by Brookstone.