Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Stock Short Interest Rises 84.5%

Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 33,543 shares, an increase of 84.5% from the September 30th total of 18,180 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 44,021 shares, the short-interest ratio is currently 0.8 days.

Brown Advisory Flexible Equity ETF Trading Down 1.5%

Shares of NASDAQ BAFE opened at $29.69 on Friday. Brown Advisory Flexible Equity ETF has a 1-year low of $24.47 and a 1-year high of $30.58. The firm’s 50-day moving average price is $29.92 and its 200-day moving average price is $28.40. The firm has a market capitalization of $1.74 billion, a P/E ratio of 24.62 and a beta of 0.96.

Institutional Investors Weigh In On Brown Advisory Flexible Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Avalon Trust Co bought a new position in Brown Advisory Flexible Equity ETF in the 1st quarter worth about $38,000. Royal Bank of Canada purchased a new stake in Brown Advisory Flexible Equity ETF during the first quarter valued at about $169,000. Citadel Advisors LLC bought a new position in Brown Advisory Flexible Equity ETF during the 2nd quarter worth approximately $788,000. Quantinno Capital Management LP increased its stake in shares of Brown Advisory Flexible Equity ETF by 3.1% in the first quarter. Quantinno Capital Management LP now owns 127,260 shares of the company’s stock worth $3,220,000 after buying an additional 3,803 shares during the period. Finally, HB Wealth Management LLC raised its stake in shares of Brown Advisory Flexible Equity ETF by 2.4% during the first quarter. HB Wealth Management LLC now owns 131,688 shares of the company’s stock valued at $3,332,000 after acquiring an additional 3,141 shares during the last quarter.

Brown Advisory Flexible Equity ETF Company Profile

The Brown Advisory Flexible Equity ETF (BAFE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects a concentrated portfolio of US based equity securities of mid- and large-cap companies, diversified across the economy. Flexibility in the name indicates the strategy is not constrained to a specific size or style BAFE was launched on Nov 18, 2024 and is issued by Brown Advisory.