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

Democratic Large Cap Core ETF (NASDAQ:DEMZ) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totalling 9,300 shares, a decline of 5.1% from the August 31st total of 9,800 shares. Based on an average trading volume of 2,200 shares, the days-to-cover ratio is presently 4.2 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 position in shares of Democratic Large Cap Core ETF (NASDAQ:DEMZ) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 6,000 shares of the company’s stock, valued at approximately $206,000. Wedbush Securities Inc. owned 0.57% of Democratic Large Cap Core ETF at the end of the most recent quarter.

Democratic Large Cap Core ETF Stock Performance

Shares of DEMZ stock traded up $0.04 during mid-day trading on Monday, reaching $35.96. 1,340 shares of the company were exchanged, compared to its average volume of 2,415. Democratic Large Cap Core ETF has a fifty-two week low of $25.34 and a fifty-two week high of $36.12. The company has a market capitalization of $37.76 million, a P/E ratio of 32.64 and a beta of 1.04. The business’s 50 day simple moving average is $34.62 and its 200 day simple moving average is $33.76.

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.