Short Interest in Tweedy Browne Insider Value ETF (NYSEARCA:COPY) Declines By 91.3%

Tweedy Browne Insider Value ETF (NYSEARCA:COPY) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 44,207 shares, a decrease of 91.3% from the August 15th total of 507,089 shares. Based on an average trading volume of 114,343 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are sold short.

Tweedy Browne Insider Value ETF Trading Up 0.8%

COPY traded up $0.12 during trading on Friday, hitting $15.71. 92,557 shares of the company traded hands, compared to its average volume of 198,426. The company has a market cap of $383.01 million, a PE ratio of -261.83 and a beta of 0.49. The stock’s 50-day simple moving average is $15.63 and its two-hundred day simple moving average is $14.80. Tweedy Browne Insider Value ETF has a 1 year low of $11.86 and a 1 year high of $16.20.

Hedge Funds Weigh In On Tweedy Browne Insider Value ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in COPY. EverSource Wealth Advisors LLC bought a new stake in Tweedy Browne Insider Value ETF in the 4th quarter worth approximately $234,000. Glenmede Trust Co. NA bought a new position in shares of Tweedy Browne Insider Value ETF during the 1st quarter valued at approximately $464,000. Nations Financial Group Inc. IA ADV grew its holdings in shares of Tweedy Browne Insider Value ETF by 19.5% in the first quarter. Nations Financial Group Inc. IA ADV now owns 320,393 shares of the company’s stock valued at $4,396,000 after purchasing an additional 52,188 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC grew its stake in shares of Tweedy Browne Insider Value ETF by 14.8% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 650,109 shares of the company’s stock worth $9,576,000 after buying an additional 84,030 shares in the last quarter. 0.19% of the stock is owned by institutional investors.

Tweedy Browne Insider Value ETF Company Profile

The Tweedy Browne Insider + Value ETF Trust Units (COPY) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that selects undervalued equities globally using a proprietary methodology. It focuses on companies where insiders, defined as corporate officers, are actively purchasing equity securities and where the company is conducting share buybacks COPY was launched on Dec 27, 2024 and is issued by Tweedy, Browne Co