Brandes U.S. Small-Mid Cap Value ETF (BATS:BSMC) Sees Significant Growth in Short Interest

Brandes U.S. Small-Mid Cap Value ETF (BATS:BSMC) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 8,842 shares, a growth of 179.5% from the June 15th total of 3,163 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 13,623 shares, the days-to-cover ratio is currently 0.6 days.

Brandes U.S. Small-Mid Cap Value ETF Price Performance

Shares of BSMC stock opened at $39.39 on Monday. Brandes U.S. Small-Mid Cap Value ETF has a 12 month low of $30.72 and a 12 month high of $39.70. The company has a market cap of $138.65 million, a PE ratio of 15.29 and a beta of 0.87. The business’s 50 day moving average is $38.24 and its two-hundred day moving average is $37.24.

Institutional Investors Weigh In On Brandes U.S. Small-Mid Cap Value ETF

A hedge fund recently bought a new position in Brandes U.S. Small-Mid Cap Value ETF stock. Flow Traders U.S. LLC acquired a new position in shares of Brandes U.S. Small-Mid Cap Value ETF (BATS:BSMC) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 9,132 shares of the company’s stock, valued at approximately $305,000. Flow Traders U.S. LLC owned about 0.26% of Brandes U.S. Small-Mid Cap Value ETF as of its most recent filing with the Securities and Exchange Commission.

About Brandes U.S. Small-Mid Cap Value ETF

The Brandes U.S. Small-Mid Cap Value ETF (BSMC) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, investing in equity securities of small- and mid-cap companies in the US. The fund seeks securities that are perceived to be undervalued BSMC was launched on Oct 3, 2023 and is issued by Brandes.