Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Short Interest Update

Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 24,058 shares, a growth of 82.6% from the August 31st total of 13,172 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 61,172 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On Brown Advisory Flexible Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Avalon Trust Co bought a new position in Brown Advisory Flexible Equity ETF during the first quarter worth about $38,000. Royal Bank of Canada bought a new stake in Brown Advisory Flexible Equity ETF in the 1st quarter valued at about $169,000. Citadel Advisors LLC acquired a new position in shares of Brown Advisory Flexible Equity ETF during the 2nd quarter worth approximately $788,000. Quantinno Capital Management LP grew its position in shares of Brown Advisory Flexible Equity ETF by 3.1% during the 1st quarter. Quantinno Capital Management LP now owns 127,260 shares of the company’s stock worth $3,220,000 after purchasing an additional 3,803 shares in the last quarter. Finally, HB Wealth Management LLC increased its holdings in shares of Brown Advisory Flexible Equity ETF by 2.4% during the first quarter. HB Wealth Management LLC now owns 131,688 shares of the company’s stock worth $3,332,000 after purchasing an additional 3,141 shares during the period.

Brown Advisory Flexible Equity ETF Price Performance

NASDAQ BAFE traded down $0.12 on Wednesday, reaching $29.55. The stock had a trading volume of 57,729 shares, compared to its average volume of 69,255. The company has a market cap of $1.74 billion, a P/E ratio of 24.62 and a beta of 0.96. The firm has a fifty day moving average of $29.77 and a two-hundred day moving average of $28.53. Brown Advisory Flexible Equity ETF has a 1-year low of $24.47 and a 1-year high of $30.58.

About Brown Advisory Flexible Equity ETF

The Brown Advisory Flexible Equity ETF (BAFE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects a concentrated portfolio of US based equity securities of mid- and large-cap companies, diversified across the economy. Flexibility in the name indicates the strategy is not constrained to a specific size or style BAFE was launched on Nov 18, 2024 and is issued by Brown Advisory.