Bushido Capital US Equity ETF (NASDAQ:SMRI) Sees Large Decline in Short Interest

Bushido Capital US Equity ETF (NASDAQ:SMRI) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totaling 3,954 shares, a decrease of 24.2% from the December 15th total of 5,216 shares. Based on an average daily trading volume, of 9,490 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 9,490 shares, the days-to-cover ratio is presently 0.4 days.

Bushido Capital US Equity ETF Price Performance

NASDAQ SMRI traded down $0.43 during trading on Friday, reaching $36.52. 11,609 shares of the company’s stock traded hands, compared to its average volume of 7,410. The company’s 50 day simple moving average is $36.13 and its two-hundred day simple moving average is $34.64. Bushido Capital US Equity ETF has a 12-month low of $26.95 and a 12-month high of $37.19. The firm has a market cap of $506.17 million, a price-to-earnings ratio of 14.55 and a beta of 0.91.

Bushido Capital US Equity ETF Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd were given a dividend of $0.1345 per share. The ex-dividend date of this dividend was Tuesday, December 23rd.

Bushido Capital US Equity ETF Company Profile

The Bushido Capital US Equity ETF (SMRI) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages an equally weighted portfolio of 30 to 50 US stocks believed to be undervalued but financially attractive. The funds stock selection involves a fundamental value approach. SMRI was launched on Sep 14, 2023 and is issued by Bushido.