Bushido Capital US Equity ETF (NASDAQ:SMRI) Sees Large Growth in Short Interest

Bushido Capital US Equity ETF (NASDAQ:SMRI) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 9,998 shares, an increase of 91.1% from the April 15th total of 5,233 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 21,107 shares, the days-to-cover ratio is currently 0.5 days.

Bushido Capital US Equity ETF Stock Performance

Shares of NASDAQ:SMRI traded up $0.01 during mid-day trading on Tuesday, hitting $38.87. The stock had a trading volume of 6,962 shares, compared to its average volume of 12,762. The company has a market cap of $553.12 million, a PE ratio of 14.55 and a beta of 0.81. Bushido Capital US Equity ETF has a 12-month low of $31.00 and a 12-month high of $39.36. The company’s 50 day moving average is $36.69 and its 200-day moving average is $36.28.

Bushido Capital US Equity ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 30th were given a $0.066 dividend. The ex-dividend date was Monday, March 30th.

Bushido Capital US Equity ETF Company Profile

The Bushido Capital US Equity ETF (SMRI) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages an equally weighted portfolio of 30 to 50 US stocks believed to be undervalued but financially attractive. The funds stock selection involves a fundamental value approach. SMRI was launched on Sep 14, 2023 and is issued by Bushido.