Kovitz Core Equity ETF (NYSEARCA:EQTY) Stock Short Interest Drops 69.1%

Kovitz Core Equity ETF (NYSEARCA:EQTY) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 1,663 shares, a drop of 69.1% from the September 30th total of 5,377 shares. Based on an average daily volume of 38,514 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Kovitz Core Equity ETF Stock Performance

Shares of EQTY traded down $0.35 during mid-day trading on Friday, reaching $29.57. The company had a trading volume of 12,041 shares, compared to its average volume of 37,761. The company has a market capitalization of $1.39 billion, a price-to-earnings ratio of 27.78 and a beta of 0.93. The firm has a 50-day moving average price of $29.40 and a 200 day moving average price of $28.04. Kovitz Core Equity ETF has a 52 week low of $24.74 and a 52 week high of $30.06.

About Kovitz Core Equity ETF

The Kovitz Core Equity ETF (EQTY) is an exchange-traded fund that mostly invests in total market equity. The fund is a narrow, core equity portfolio of companies believed by the adviser to be high quality and undervalued. The actively managed fund invests in large- and mid-cap companies around the globe. EQTY was launched on Dec 28, 2011 and is managed by Kovitz.