Short Interest in Main International ETF (BATS:INTL) Rises By 75.2%

Main International ETF (BATS:INTL) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 36,022 shares, an increase of 75.2% from the June 30th total of 20,556 shares. Based on an average daily volume of 26,565 shares, the short-interest ratio is presently 1.4 days. Currently, 0.7% of the shares of the company are short sold.

Hedge Funds Weigh In On Main International ETF

A hedge fund recently raised its position in Main International ETF stock. Main Management LLC raised its stake in Main International ETF (BATS:INTL) by 2.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,735,118 shares of the company’s stock after acquiring an additional 89,077 shares during the period. Main International ETF makes up about 7.5% of Main Management LLC’s portfolio, making the stock its 6th biggest holding. Main Management LLC owned approximately 72.39% of Main International ETF worth $104,247,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Main International ETF Trading Down 1.1%

Shares of INTL opened at $29.40 on Thursday. Main International ETF has a 12 month low of $25.34 and a 12 month high of $32.34. The firm’s 50 day moving average is $30.54 and its 200-day moving average is $29.88. The stock has a market capitalization of $151.70 million, a PE 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.