Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Short Interest Update

Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 5,504 shares, a drop of 80.3% from the May 31st total of 27,959 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 104,457 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Brown Advisory Flexible Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Quantinno Capital Management LP bought a new stake in Brown Advisory Flexible Equity ETF during the second quarter worth approximately $1,208,000. Jane Street Group LLC acquired a new position in Brown Advisory Flexible Equity ETF during the second quarter valued at $1,359,000. Tred Avon Family Wealth LLC purchased a new stake in shares of Brown Advisory Flexible Equity ETF in the fourth quarter worth approximately $2,171,000. Goldman Sachs Group Inc. purchased a new stake in Brown Advisory Flexible Equity ETF in the 4th quarter worth approximately $203,000. Finally, Brown Advisory Inc. raised its holdings in shares of Brown Advisory Flexible Equity ETF by 4.0% during the fourth quarter. Brown Advisory Inc. now owns 54,540,208 shares of the company’s stock worth $1,490,038,000 after acquiring an additional 2,093,356 shares in the last quarter.

Brown Advisory Flexible Equity ETF Price Performance

Shares of BAFE stock opened at $28.42 on Friday. The firm has a fifty day moving average of $28.41 and a two-hundred day moving average of $27.35. Brown Advisory Flexible Equity ETF has a 1-year low of $24.47 and a 1-year high of $29.29. The firm has a market cap of $1.63 billion, a P/E ratio of 24.62 and a beta of 1.00.

About Brown Advisory Flexible Equity ETF

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.