Bluemonte Large Cap Value ETF (NYSEARCA:BVAL) Stock Short Interest Jumps 316.3%

Bluemonte Large Cap Value ETF (NYSEARCA:BVAL) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 39,182 shares, an increase of 316.3% from the August 31st total of 9,413 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 38,840 shares, the short-interest ratio is presently 1.0 days.

Bluemonte Large Cap Value ETF Trading Up 0.3%

BVAL stock traded up $0.09 on Friday, hitting $31.68. The company had a trading volume of 19,928 shares, compared to its average volume of 29,165. Bluemonte Large Cap Value ETF has a 12-month low of $26.57 and a 12-month high of $32.64. The stock’s 50-day simple moving average is $31.90 and its 200 day simple moving average is $30.64.

About Bluemonte Large Cap Value ETF

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.