Short interest in the Westwood LBRTY Global Equity ETF (NYSEARCA:BFRE) experienced a significant decline of 39.5% during February 2023. As of February 27, the short interest totaled 590 shares, down from 976 shares reported on February 12. This reduction represents approximately 0.7% of the total shares available for trading.
The current short-interest ratio stands at 6.0 days, calculated using the average trading volume of 99 shares. This metric indicates how long it would take for all short positions to cover their trades based on recent trading activity.
Market Performance Overview
During midday trading on Friday, shares of the Westwood LBRTY Global Equity ETF maintained a stable price of $30.41. The trading volume reached 148 shares, which is notably lower than the average volume of 368 shares. The stock has shown consistent performance with a 50-day simple moving average of $30.33 and a 200-day simple moving average of $29.56.
Over the past year, the Westwood LBRTY Global Equity ETF recorded a low of $21.74 and a high of $31.32. The firm currently holds a market capitalization of $2.43 million, with a price-to-earnings ratio of -3,002.57 and a beta of 0.93, indicating relatively low volatility compared to the market.
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