Bushido Capital US Equity ETF (NASDAQ:SMRI) Sees Large Growth in Short Interest

Bushido Capital US Equity ETF (NASDAQ:SMRI) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 8,500 shares, an increase of 112.5% from the October 31st total of 4,000 shares. Based on an average trading volume of 5,100 shares, the days-to-cover ratio is currently 1.7 days.

Bushido Capital US Equity ETF Stock Performance

Shares of SMRI traded up $0.12 during mid-day trading on Friday, reaching $33.66. 7,227 shares of the company were exchanged, compared to its average volume of 8,494. The business has a 50 day simple moving average of $31.56 and a two-hundred day simple moving average of $29.89. The stock has a market capitalization of $411.70 million, a PE ratio of 11.92 and a beta of 0.76. Bushido Capital US Equity ETF has a 52 week low of $25.14 and a 52 week high of $33.98.

About Bushido Capital US Equity ETF

The Bushido Capital US Equity ETF (SMRI) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages an equally weighted portfolio of 30 to 50 US stocks believed to be undervalued but financially attractive. The funds stock selection involves a fundamental value approach.