Short Interest in Democratic Large Cap Core ETF (NASDAQ:DEMZ) Drops By 5.1%

Democratic Large Cap Core ETF (NASDAQ:DEMZ) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totalling 9,300 shares, a drop of 5.1% from the August 31st total of 9,800 shares. Based on an average daily volume of 2,200 shares, the days-to-cover ratio is presently 4.2 days.

Democratic Large Cap Core ETF Stock Up 0.1 %

Democratic Large Cap Core ETF stock traded up $0.04 during trading hours on Monday, hitting $35.96. 1,340 shares of the company traded hands, compared to its average volume of 2,415. Democratic Large Cap Core ETF has a 1-year low of $25.34 and a 1-year high of $36.12. The firm has a market cap of $37.76 million, a P/E ratio of 32.64 and a beta of 1.04. The firm’s 50-day simple moving average is $34.62 and its two-hundred day simple moving average is $33.76.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Democratic Large Cap Core ETF stock. Wedbush Securities Inc. purchased a new position in Democratic Large Cap Core ETF (NASDAQ:DEMZ) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 6,000 shares of the company’s stock, valued at approximately $206,000. Wedbush Securities Inc. owned approximately 0.57% of Democratic Large Cap Core ETF at the end of the most recent quarter.

Democratic Large Cap Core ETF Company Profile

The Democratic Large Cap Core ETF (DEMZ) is an exchange-traded fund that is based on the Democratic Large Cap Core index. The fund tracks an index of US large-cap companies whose employees are highly supportive of Democratic candidates. DEMZ was launched on Nov 2, 2020 and is managed by RAM.