Bancreek US Large Cap ETF (NYSEARCA:BCUS) Sees Large Increase in Short Interest

Bancreek US Large Cap ETF (NYSEARCA:BCUS) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 9,116 shares, a growth of 301.9% from the August 15th total of 2,268 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 8,328 shares, the short-interest ratio is presently 1.1 days.

Institutional Trading of Bancreek US Large Cap ETF

A hedge fund recently bought a new position in Bancreek US Large Cap ETF stock. JPMorgan Chase & Co. purchased a new position in Bancreek US Large Cap ETF (NYSEARCA:BCUS) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 867 shares of the company’s stock, valued at approximately $28,000.

Bancreek US Large Cap ETF Price Performance

Shares of NYSEARCA BCUS opened at $34.93 on Monday. The company has a market cap of $149.85 million, a P/E ratio of 29.33 and a beta of 0.83. The firm has a 50-day simple moving average of $35.68 and a two-hundred day simple moving average of $34.95. Bancreek US Large Cap ETF has a 1 year low of $30.80 and a 1 year high of $37.56.

About Bancreek US Large Cap ETF

The Bancreek U.S. Large Cap ETF (BCUS) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in US large-cap companies the sub-adviser believes exhibit structurally advantaged business models. BCUS was launched on Dec 20, 2023 and is issued by Bancreek.