Short Interest in Bushido Capital US Equity ETF (NASDAQ:SMRI) Decreases By 68.3%

Bushido Capital US Equity ETF (NASDAQ:SMRI) was the target of a large drop in short interest in May. As of May 29th, there was short interest totaling 3,895 shares, a drop of 68.3% from the May 14th total of 12,285 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 4,346 shares, the short-interest ratio is presently 0.9 days.

Bushido Capital US Equity ETF Stock Up 0.6%

Shares of Bushido Capital US Equity ETF stock traded up $0.26 on Friday, reaching $41.79. The company’s stock had a trading volume of 6,629 shares, compared to its average volume of 12,063. The company has a market capitalization of $594.67 million, a price-to-earnings ratio of 14.55 and a beta of 0.85. The firm’s fifty day simple moving average is $38.74 and its two-hundred day simple moving average is $37.06. Bushido Capital US Equity ETF has a 52 week low of $31.66 and a 52 week high of $43.36.

Bushido Capital US Equity ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 30th were issued a $0.066 dividend. The ex-dividend date of this dividend was Monday, March 30th.

About Bushido Capital US Equity ETF

The Bushido Capital US Equity ETF (SMRI) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages an equally weighted portfolio of 30 to 50 US stocks believed to be undervalued but financially attractive. The funds stock selection involves a fundamental value approach. SMRI was launched on Sep 14, 2023 and is issued by Bushido.