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

Bancreek US Large Cap ETF (NYSEARCA:BCUS) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 9,116 shares, a growth of 301.9% from the August 15th total of 2,268 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 8,328 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Investors Weigh In On Bancreek US Large Cap ETF

A hedge fund recently bought a new position in Bancreek US Large Cap ETF stock. JPMorgan Chase & Co. purchased a new position in Bancreek US Large Cap ETF (NYSEARCA:BCUS) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 867 shares of the company’s stock, valued at approximately $28,000.

Bancreek US Large Cap ETF Trading Up 1.2%

Shares of BCUS traded up $0.42 during trading hours on Friday, reaching $34.93. 1,825 shares of the company’s stock traded hands, compared to its average volume of 24,652. The stock has a market cap of $149.85 million, a PE ratio of 29.33 and a beta of 0.83. The firm’s 50 day simple moving average is $35.68 and its 200-day simple moving average is $34.94. Bancreek US Large Cap ETF has a 12 month low of $30.80 and a 12 month high of $37.56.

About Bancreek US Large Cap ETF

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.