Main International ETF (BATS:INTL) Shares Shorted: Short Interest Up 98.4% in September

Main International ETF (BATS:INTL) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 59,062 shares, an increase of 98.4% from the August 31st total of 29,772 shares. Currently, 1.1% of the company’s shares are sold short. Based on an average daily trading volume, of 17,642 shares, the days-to-cover ratio is currently 3.3 days.

Institutional Trading of Main International ETF

An institutional investor recently raised its position in Main International ETF stock. Main Management LLC lifted its position in shares of Main International ETF (BATS:INTL) by 2.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,735,118 shares of the company’s stock after buying an additional 89,077 shares during the period. Main International ETF makes up approximately 7.5% of Main Management LLC’s portfolio, making the stock its 6th largest position. Main Management LLC owned about 72.39% of Main International ETF worth $104,247,000 at the end of the most recent quarter.

Main International ETF Trading Down 0.1%

Shares of INTL stock opened at $30.72 on Wednesday. Main International ETF has a twelve month low of $27.03 and a twelve month high of $32.34. The company’s 50-day moving average price is $30.96 and its 200-day moving average price is $30.35. The stock has a market cap of $158.52 million, a price-to-earnings ratio of 16.04 and a beta of 0.80.

Main International ETF Company Profile

The Main International ETF (INTL) is an exchange-traded fund that mostly invests in total market equity. The fund is a fund-of-funds containing non-US equity exposure. The fund is actively managed, seeking long term capital appreciation through equity exposure and covered option writing strategies. INTL was launched on Dec 1, 2022 and is managed by Main Funds.