Barron’s 400 ETF (NYSEARCA:BFOR) Sees Significant Growth in Short Interest

Barron’s 400 ETF (NYSEARCA:BFOR) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 38,222 shares, a growth of 483.0% from the June 30th total of 6,556 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 10,704 shares, the days-to-cover ratio is currently 3.6 days.

Barron’s 400 ETF Trading Up 0.4%

Shares of NYSEARCA BFOR traded up $0.09 on Friday, reaching $23.40. 11,167 shares of the company traded hands, compared to its average volume of 27,218. The stock has a market capitalization of $228.15 million, a PE ratio of 16.61 and a beta of 1.01. Barron’s 400 ETF has a fifty-two week low of $19.09 and a fifty-two week high of $24.05. The company has a 50 day moving average of $23.11 and a 200 day moving average of $22.12.

Hedge Funds Weigh In On Barron’s 400 ETF

A number of hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC grew its stake in shares of Barron’s 400 ETF by 56.7% during the 1st quarter. NewEdge Advisors LLC now owns 1,175 shares of the company’s stock valued at $82,000 after buying an additional 425 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Barron’s 400 ETF in the 2nd quarter worth $158,000. Envestnet Asset Management Inc. purchased a new position in shares of Barron’s 400 ETF in the 3rd quarter worth $260,000. Bank of America Corp DE boosted its holdings in Barron’s 400 ETF by 43.0% in the third quarter. Bank of America Corp DE now owns 55,395 shares of the company’s stock valued at $4,497,000 after acquiring an additional 16,646 shares during the last quarter. Finally, Susquehanna International Group LLP boosted its holdings in Barron’s 400 ETF by 64.4% in the third quarter. Susquehanna International Group LLP now owns 6,689 shares of the company’s stock valued at $543,000 after acquiring an additional 2,620 shares during the last quarter.

About Barron’s 400 ETF

The Barron’s 400 ETF (BFOR) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equally weighted index comprising 400 US companies selected on fundamental parameters. BFOR was launched on Jun 4, 2013 and is managed by ALPS.