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

Bancreek US Large Cap ETF (NYSEARCA:BCUS) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 838 shares, a drop of 73.3% from the April 30th total of 3,133 shares. Based on an average daily volume of 4,369 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

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. purchased a new stake in shares of Bancreek US Large Cap ETF (NYSEARCA:BCUS) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 867 shares of the company’s stock, valued at approximately $28,000.

Bancreek US Large Cap ETF Stock Up 0.6%

BCUS traded up $0.22 during trading on Friday, reaching $35.94. The company’s stock had a trading volume of 2,302 shares, compared to its average volume of 23,028. The firm has a fifty day simple moving average of $34.08 and a two-hundred day simple moving average of $33.21. Bancreek US Large Cap ETF has a 1 year low of $30.41 and a 1 year high of $35.94. The company has a market cap of $108.54 million, a price-to-earnings ratio of 29.33 and a beta of 0.88.

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.