Short Interest in Bancreek US Large Cap ETF (NYSEARCA:BCUS) Declines By 87.4%

Bancreek US Large Cap ETF (NYSEARCA:BCUS) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totaling 2,325 shares, a decline of 87.4% from the December 31st total of 18,461 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 8,222 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 8,222 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On Bancreek US Large Cap ETF

An institutional investor recently bought a new position in Bancreek US Large Cap ETF stock. JPMorgan Chase & Co. bought a new stake in Bancreek US Large Cap ETF (NYSEARCA:BCUS) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 867 shares of the company’s stock, valued at approximately $28,000.

Bancreek US Large Cap ETF Stock Performance

Shares of Bancreek US Large Cap ETF stock traded down $0.28 on Wednesday, reaching $32.86. 7,312 shares of the company’s stock were exchanged, compared to its average volume of 9,234. The company has a market capitalization of $98.91 million, a P/E ratio of 29.33 and a beta of 0.87. Bancreek US Large Cap ETF has a 52 week low of $26.19 and a 52 week high of $33.30. The firm’s 50-day moving average is $32.51 and its two-hundred day moving average is $32.34.

Bancreek US Large Cap ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were issued a $0.0348 dividend. This represents a $0.14 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Tuesday, December 30th.

Bancreek US Large Cap ETF Company Profile

The Bancreek U.S. Large Cap ETF (BCUS) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in US large-cap companies the sub-adviser believes exhibit structurally advantaged business models. BCUS was launched on Dec 20, 2023 and is issued by Bancreek.