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

Bushido Capital US Equity ETF (NASDAQ:SMRI) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 690 shares, a decrease of 82.3% from the May 31st total of 3,895 shares. Based on an average daily volume of 10,400 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Bushido Capital US Equity ETF Stock Performance

SMRI traded up $0.57 during trading on Friday, hitting $41.37. 1,757 shares of the stock were exchanged, compared to its average volume of 11,667. Bushido Capital US Equity ETF has a 1 year low of $31.66 and a 1 year high of $43.36. The firm has a market cap of $588.70 million, a price-to-earnings ratio of 14.55 and a beta of 0.85. The firm has a 50 day simple moving average of $39.85 and a 200 day simple moving average of $37.45.

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.