Brookstone Dividend Stock ETF (BATS:BAMD) Short Interest Up 87.5% in August

Brookstone Dividend Stock ETF (BATS:BAMD) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 405 shares, an increase of 87.5% from the August 15th total of 216 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 13,009 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of Brookstone Dividend Stock ETF

An institutional investor recently raised its stake in Brookstone Dividend Stock ETF stock. FSA Advisors Inc. increased its holdings in shares of Brookstone Dividend Stock ETF (BATS:BAMD) by 5.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,528 shares of the company’s stock after acquiring an additional 585 shares during the quarter. FSA Advisors Inc. owned approximately 0.35% of Brookstone Dividend Stock ETF worth $328,000 at the end of the most recent quarter.

Brookstone Dividend Stock ETF Stock Performance

Shares of BAMD stock opened at $33.69 on Thursday. The stock has a market capitalization of $102.75 million, a price-to-earnings ratio of 13.74 and a beta of 0.68. Brookstone Dividend Stock ETF has a one year low of $29.43 and a one year high of $35.31. The company’s 50-day simple moving average is $34.38 and its 200-day simple moving average is $32.88.

Brookstone Dividend Stock ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Friday, August 28th were issued a $0.2365 dividend. This represents a $0.95 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Friday, August 28th.

Brookstone Dividend Stock ETF Company Profile

The Brookstone Dividend Stock ETF (BAMD) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects income-producing US stocks or ETFs based on external and internal research. It selects both mid- to large-cap securities. BAMD was launched on Sep 28, 2023 and is issued by Brookstone.