Short Interest in Bluemonte Large Cap Value ETF (NYSEARCA:BVAL) Increases By 390.6%

Bluemonte Large Cap Value ETF (NYSEARCA:BVALGet Free Report) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 17,884 shares, an increase of 390.6% from the April 30th total of 3,645 shares. Based on an average daily volume of 26,237 shares, the short-interest ratio is presently 0.7 days. Approximately 0.2% of the company’s shares are sold short.

Bluemonte Large Cap Value ETF Stock Up 0.1%

NYSEARCA:BVAL traded up $0.04 on Thursday, hitting $30.88. The stock had a trading volume of 17,050 shares, compared to its average volume of 28,369. The business’s fifty day moving average is $29.28 and its 200 day moving average is $28.68. Bluemonte Large Cap Value ETF has a 52 week low of $25.06 and a 52 week high of $30.94.

About Bluemonte Large Cap Value ETF

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The investment seeks to track the performance, before fees and expenses, of the EQM Brand Value Index (the index). Under normal circumstances, at least 80% of the fund’s total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index measures the performance of up to 50 publicly-traded U.S. companies based on a proprietary analysis of the value of their brand relative to their market capitalization.

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