Brookstone Dividend Stock ETF (BATS:BAMD) Sees Large Growth in Short Interest

Brookstone Dividend Stock ETF (BATS:BAMD – Get Free Report) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 7,803 shares, a growth of 1,826.7% from the August 31st total of 405 shares. Based on an average trading volume of 14,830 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.3% of the shares of the stock are short sold.

Brookstone Dividend Stock ETF Stock Down 0.6%

BAMD traded down $0.19 during trading on Thursday, reaching $32.51. The stock had a trading volume of 43,374 shares, compared to its average volume of 12,476. The stock has a 50 day moving average of $34.37 and a two-hundred day moving average of $32.91. The firm has a market capitalization of $99.16 million, a price-to-earnings ratio of 13.74 and a beta of 0.68. Brookstone Dividend Stock ETF has a 1-year low of $29.43 and a 1-year high of $35.31.

Brookstone Dividend Stock ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 28th were paid a dividend of $0.2365 per share. The ex-dividend date of this dividend was Friday, August 28th. This represents a $0.95 annualized dividend and a yield of 2.9%.

Institutional Investors Weigh In On Brookstone Dividend Stock ETF

A hedge fund recently raised its position in Brookstone Dividend Stock ETF stock. FSA Advisors Inc. lifted its holdings in Brookstone Dividend Stock ETF (BATS:BAMD – Free Report) by 5.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,528 shares of the company’s stock after purchasing an additional 585 shares during the period. FSA Advisors Inc. owned about 0.35% of Brookstone Dividend Stock ETF worth $328,000 at the end of the most recent reporting period.

Brookstone Dividend Stock ETF Company Profile

(Get Free Report)

The Brookstone Dividend Stock ETF (BAMD) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects income-producing US stocks or ETFs based on external and internal research. It selects both mid- to large-cap securities. BAMD was launched on Sep 28, 2023 and is issued by Brookstone.

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