Short Interest in Brookstone Intermediate Bond ETF (BATS:BAMB) Declines By 52.8%

Brookstone Intermediate Bond ETF (BATS:BAMB) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 3,395 shares, a drop of 52.8% from the July 15th total of 7,198 shares. Based on an average trading volume of 7,327 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Brookstone Intermediate Bond ETF

An institutional investor recently bought a new stake in Brookstone Intermediate Bond ETF stock. JPMorgan Chase & Co. purchased a new stake in shares of Brookstone Intermediate Bond ETF (BATS:BAMB) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,161 shares of the company’s stock, valued at approximately $57,000. JPMorgan Chase & Co. owned about 0.09% of Brookstone Intermediate Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Brookstone Intermediate Bond ETF Stock Performance

Shares of BATS BAMB opened at $25.87 on Monday. Brookstone Intermediate Bond ETF has a 1-year low of $25.69 and a 1-year high of $26.88. The business has a fifty day moving average price of $25.89 and a 200 day moving average price of $26.15.

About Brookstone Intermediate Bond ETF

The Brookstone Intermediate Bond ETF (BAMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide exposure to US Treasurys and investment grade corporate bonds with maturities between 0-10 years. BAMB was launched on Sep 27, 2023 and is issued by Brookstone.