Bancreek US Large Cap ETF (NYSEARCA:BCUS) Sees Large Drop in Short Interest

Bancreek US Large Cap ETF (NYSEARCA:BCUS) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 2,403 shares, a drop of 63.7% from the July 15th total of 6,616 shares. Based on an average trading volume of 5,342 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Trading of 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 stake in Bancreek US Large Cap ETF (NYSEARCA:BCUS) in the third quarter, according to its most recent Form 13F 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 Performance

NYSEARCA BCUS traded up $0.45 during trading hours on Friday, hitting $36.93. The company had a trading volume of 1,640 shares, compared to its average volume of 26,803. Bancreek US Large Cap ETF has a 1-year low of $30.80 and a 1-year high of $37.56. The company has a market cap of $158.43 million, a PE ratio of 29.33 and a beta of 0.84. The business has a 50 day moving average of $36.19 and a 200-day moving average of $34.65.

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.