Brandes International ETF (BATS:BINV) Shares Shorted: Short Interest Down 61.9% in September

Brandes International ETF (BATS:BINV) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 14,169 shares, a drop of 61.9% from the September 15th total of 37,164 shares. Based on an average daily volume of 38,273 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the shares of the company are sold short.

Hedge Funds Weigh In On Brandes International ETF

A hedge fund recently raised its position in Brandes International ETF stock. Madison Asset Management LLC raised its holdings in Brandes International ETF (BATS:BINV) by 21.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,861 shares of the company’s stock after purchasing an additional 13,911 shares during the period. Madison Asset Management LLC owned 1.12% of Brandes International ETF worth $3,251,000 at the end of the most recent reporting period.

Brandes International ETF Price Performance

BATS:BINV opened at $43.41 on Tuesday. The business has a fifty day simple moving average of $44.57 and a two-hundred day simple moving average of $43.36. Brandes International ETF has a 1 year low of $36.93 and a 1 year high of $46.05. The company has a market capitalization of $306.04 million, a P/E ratio of 13.70 and a beta of 0.71.

About Brandes International ETF

The Brandes International ETF (BINV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in equity securities of companies who perform their business activities outside the US. The fund seeks securities that are perceived to be undervalued BINV was launched on Oct 3, 2023 and is issued by Brandes.