Democratic Large Cap Core ETF (NASDAQ:DEMZ) Short Interest Down 38.6% in October

Democratic Large Cap Core ETF (NASDAQ:DEMZ) was the recipient of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 12,400 shares, a drop of 38.6% from the October 15th total of 20,200 shares. Based on an average trading volume of 2,900 shares, the short-interest ratio is presently 4.3 days.

Institutional Trading of Democratic Large Cap Core ETF

An institutional investor recently bought a new position in Democratic Large Cap Core ETF stock. Wedbush Securities Inc. purchased a new stake in Democratic Large Cap Core ETF (NASDAQ:DEMZ) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. 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 as of its most recent filing with the Securities and Exchange Commission.

Democratic Large Cap Core ETF Price Performance

Shares of DEMZ traded down $0.08 during trading hours on Thursday, hitting $36.49. The stock had a trading volume of 668 shares, compared to its average volume of 2,572. The firm has a 50 day simple moving average of $35.68 and a 200-day simple moving average of $34.57. The firm has a market capitalization of $39.41 million, a P/E ratio of 32.64 and a beta of 1.04. Democratic Large Cap Core ETF has a 1-year low of $28.00 and a 1-year high of $36.71.

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.