Bluemonte Large Cap Value ETF (NYSEARCA:BVAL) Sees Large Decrease in Short Interest

Bluemonte Large Cap Value ETF (NYSEARCA:BVAL – Get Free Report) was the recipient of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 10,075 shares, a decline of 79.8% from the October 15th total of 49,855 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 32,879 shares, the short-interest ratio is currently 0.3 days.

Bluemonte Large Cap Value ETF Price Performance

Shares of NYSEARCA BVAL traded up $0.05 during trading hours on Thursday, reaching $32.66. The stock had a trading volume of 5,799 shares, compared to its average volume of 29,425. The company has a market cap of $320.08 million, a price-to-earnings ratio of 21.36 and a beta of 0.60. Bluemonte Large Cap Value ETF has a twelve month low of $26.57 and a twelve month high of $32.81. The business’s fifty day moving average is $31.89 and its two-hundred day moving average is $30.64.

Bluemonte Large Cap Value ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th were given a dividend of $0.1138 per share. The ex-dividend date was Monday, September 28th. This represents a $0.46 annualized dividend and a dividend yield of 1.4%. This is a positive change from Bluemonte Large Cap Value ETF’s previous quarterly dividend of $0.1131.

About Bluemonte Large Cap Value ETF

(Get Free Report)

The investment seeks to track the performance, before fees and expenses, of the EQM Brand Value Index (the index). Under normal circumstances, at least 80% of the fund’s total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index measures the performance of up to 50 publicly-traded U.S. companies based on a proprietary analysis of the value of their brand relative to their market capitalization.

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