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 significant decline in short interest in October. As of October 31st, there was short interest totalling 12,400 shares, a decline of 38.6% from the October 15th total of 20,200 shares. Based on an average daily volume of 2,900 shares, the short-interest ratio is presently 4.3 days.

Democratic Large Cap Core ETF Price Performance

Shares of DEMZ stock traded down $0.08 during trading on Thursday, reaching $36.49. The company’s stock had a trading volume of 668 shares, compared to its average volume of 2,572. The company has a market capitalization of $39.41 million, a price-to-earnings ratio of 32.64 and a beta of 1.04. The stock’s 50-day moving average price is $35.68 and its 200 day moving average price is $34.57. Democratic Large Cap Core ETF has a 1-year low of $28.00 and a 1-year high of $36.71.

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 shares of Democratic Large Cap Core ETF (NASDAQ:DEMZ) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund 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 SEC filing.

About Democratic Large Cap Core ETF

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.