Main International ETF (BATS:INTL) Sees Significant Growth in Short Interest

Main International ETF (BATS:INTL) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 25,474 shares, a growth of 410.5% from the July 30th total of 4,990 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 25,049 shares, the days-to-cover ratio is currently 1.0 days.

Main International ETF Stock Performance

Shares of INTL stock traded up $0.02 during trading hours on Thursday, hitting $31.47. The company had a trading volume of 6,023 shares, compared to its average volume of 32,458. Main International ETF has a 12 month low of $26.38 and a 12 month high of $32.34. The firm has a market capitalization of $162.39 million, a price-to-earnings ratio of 16.04 and a beta of 0.80. The firm’s fifty day moving average is $30.64 and its 200 day moving average is $30.15.

Institutional Trading of Main International ETF

An institutional investor recently raised its position in Main International ETF stock. Main Management LLC boosted its stake in shares of Main International ETF (BATS:INTL) by 2.4% in the 4th quarter, according to its most recent Form 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 quarter. Main International ETF accounts for 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.