Ballast Small/Mid Cap ETF (NYSEARCA:MGMT – Get Free Report) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 1,989 shares, a decrease of 48.0% from the June 30th total of 3,827 shares. Based on an average daily trading volume, of 7,576 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are short sold.
Hedge Funds Weigh In On Ballast Small/Mid Cap ETF
An institutional investor recently bought a new stake in Ballast Small/Mid Cap ETF stock. Allied Private Wealth LLC purchased a new position in shares of Ballast Small/Mid Cap ETF (NYSEARCA:MGMT – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,715 shares of the company’s stock, valued at approximately $184,000. Allied Private Wealth LLC owned 0.11% of Ballast Small/Mid Cap ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
Ballast Small/Mid Cap ETF Price Performance
NYSEARCA MGMT traded down $0.31 during trading hours on Thursday, reaching $50.27. The company’s stock had a trading volume of 18,701 shares, compared to its average volume of 10,468. The firm has a fifty day simple moving average of $49.73 and a 200-day simple moving average of $48.21. Ballast Small/Mid Cap ETF has a 52 week low of $38.90 and a 52 week high of $51.33. The stock has a market cap of $173.43 million, a P/E ratio of 16.95 and a beta of 0.87.
Ballast Small/Mid Cap ETF Company Profile
The Ballast Small\u002FMid Cap ETF (MGMT) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively-managed fund that aims for positive risk-adjusted returns. MGMT was launched on Dec 2, 2020 and is managed by Ballast.
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