Bancreek US Large Cap ETF (NYSEARCA:BCUS) Short Interest Down 25.8% in January

Bancreek US Large Cap ETF (NYSEARCA:BCUS) was the recipient of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 1,724 shares, a drop of 25.8% from the January 15th total of 2,325 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 9,588 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 9,588 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On Bancreek US Large Cap ETF

An institutional investor recently bought a new position in Bancreek US Large Cap ETF stock. JPMorgan Chase & Co. bought a new position in Bancreek US Large Cap ETF (NYSEARCA:BCUS) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 867 shares of the company’s stock, valued at approximately $28,000.

Bancreek US Large Cap ETF Stock Up 1.2%

BCUS stock traded up $0.41 during mid-day trading on Monday, reaching $33.48. 4,122 shares of the company traded hands, compared to its average volume of 7,334. The firm’s 50 day moving average price is $32.75 and its 200 day moving average price is $32.44. The stock has a market cap of $100.77 million, a price-to-earnings ratio of 29.33 and a beta of 0.87. Bancreek US Large Cap ETF has a fifty-two week low of $26.19 and a fifty-two week high of $33.87.

Bancreek US Large Cap ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were issued a dividend of $0.0348 per share. The ex-dividend date was Tuesday, December 30th. This represents a $0.14 annualized dividend and a yield of 0.4%.

Bancreek US Large Cap ETF Company Profile

The Bancreek U.S. Large Cap ETF (BCUS) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in US large-cap companies the sub-adviser believes exhibit structurally advantaged business models. BCUS was launched on Dec 20, 2023 and is issued by Bancreek.