Bastion Energy ETF (BATS:BESF) Sees Large Decline in Short Interest

Bastion Energy ETF (BATS:BESF) was the recipient of a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 22 shares, a decrease of 97.4% from the October 15th total of 849 shares. Based on an average trading volume of 3,956 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Bastion Energy ETF stock. Lionsbridge Wealth Management LLC purchased a new position in shares of Bastion Energy ETF (BATS:BESF) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 72,511 shares of the company’s stock, valued at approximately $704,000. Lionsbridge Wealth Management LLC owned about 12.95% of Bastion Energy ETF as of its most recent SEC filing.

Bastion Energy ETF Price Performance

Shares of BESF traded up $0.53 during mid-day trading on Tuesday, hitting $37.22. 17,384 shares of the company’s stock were exchanged, compared to its average volume of 2,561. The company has a market cap of $31.64 million and a PE ratio of 11.35. Bastion Energy ETF has a 52 week low of $31.27 and a 52 week high of $43.41. The company has a 50-day simple moving average of $39.30 and a 200 day simple moving average of $39.20.

Bastion Energy ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were given a $0.1352 dividend. This represents a $0.54 dividend on an annualized basis and a yield of 1.5%. This is an increase from Bastion Energy ETF’s previous quarterly dividend of $0.0236. The ex-dividend date of this dividend was Monday, September 28th.

Bastion Energy ETF Company Profile

EA Series Trust – Bastion Energy ETF is an exchange traded fund launched and managed by Empowered Funds, LLC. The fund is co-managed by Bastion Fiduciary, LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across energy sectors. It invests in value stocks of companies across diversified market capitalization. It employs fundamental and quantitative analysis to create its portfolio. EA Series Trust – Bastion Energy ETF is domiciled in the United States.