Short Interest in Barron’s 400 ETF (NYSEARCA:BFOR) Drops By 59.6%

Barron’s 400 ETF (NYSEARCA:BFOR) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 6,882 shares, a decrease of 59.6% from the May 31st total of 17,016 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 5,225 shares, the short-interest ratio is currently 1.3 days.

Barron’s 400 ETF Stock Performance

Shares of BFOR traded up $0.75 on Tuesday, hitting $95.62. 4,696 shares of the stock traded hands, compared to its average volume of 7,068. The company has a market capitalization of $227.58 million, a PE ratio of 16.61 and a beta of 1.02. Barron’s 400 ETF has a one year low of $76.38 and a one year high of $95.62. The business has a 50 day simple moving average of $90.50 and a 200 day simple moving average of $87.13.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of BFOR. Bank of America Corp DE increased its holdings in Barron’s 400 ETF by 7.2% in the 1st quarter. Bank of America Corp DE now owns 58,313 shares of the company’s stock worth $4,840,000 after buying an additional 3,935 shares in the last quarter. Trilogy Capital Inc. boosted its holdings in shares of Barron’s 400 ETF by 1.4% during the 1st quarter. Trilogy Capital Inc. now owns 36,091 shares of the company’s stock valued at $2,996,000 after acquiring an additional 501 shares during the last quarter. LPL Financial LLC lifted its position in Barron’s 400 ETF by 1.3% during the fourth quarter. LPL Financial LLC now owns 13,453 shares of the company’s stock valued at $1,108,000 after purchasing an additional 176 shares during the period. Alteri Wealth LLC boosted its holdings in Barron’s 400 ETF by 11.2% in the fourth quarter. Alteri Wealth LLC now owns 12,543 shares of the company’s stock worth $1,033,000 after purchasing an additional 1,265 shares during the last quarter. Finally, Bantamac Capital LLC boosted its holdings in Barron’s 400 ETF by 7.7% in the fourth quarter. Bantamac Capital LLC now owns 10,767 shares of the company’s stock worth $887,000 after purchasing an additional 767 shares during the last quarter.

Barron’s 400 ETF Company Profile

The Barron’s 400 ETF (BFOR) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equally weighted index comprising 400 US companies selected on fundamental parameters. BFOR was launched on Jun 4, 2013 and is managed by ALPS.