God Bless America ETF (NYSEARCA:YALL) Sees Large Increase in Short Interest
by Scott Moore · The Cerbat GemGod Bless America ETF (NYSEARCA:YALL – Get Free Report) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 4,507 shares, an increase of 817.9% from the March 31st total of 491 shares. Based on an average daily trading volume, of 10,318 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the company’s shares are short sold.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of YALL. Goldman Sachs Group Inc. bought a new position in God Bless America ETF during the first quarter worth $784,000. JPMorgan Chase & Co. bought a new position in God Bless America ETF during the third quarter worth $35,000. Finally, Equitable Trust Co. boosted its stake in God Bless America ETF by 10.0% during the fourth quarter. Equitable Trust Co. now owns 12,196 shares of the company’s stock worth $527,000 after acquiring an additional 1,106 shares in the last quarter.
God Bless America ETF Price Performance
Shares of YALL traded down $0.67 during trading hours on Friday, hitting $43.99. 3,017 shares of the stock were exchanged, compared to its average volume of 7,236. God Bless America ETF has a fifty-two week low of $36.91 and a fifty-two week high of $45.59. The business has a 50-day moving average of $43.36 and a 200-day moving average of $43.82. The firm has a market capitalization of $99.42 million, a P/E ratio of 26.09 and a beta of 1.14.
About God Bless America ETF
The God Bless America ETF (YALL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that provides broad exposure to US-listed stocks of various market capitalization. The fund screens out companies perceived to emphasize politically left and\u002For liberal political activism and social agendas. YALL was launched on Oct 10, 2022 and is managed by Tidal ETFs.