Guru Favorite Stocks ETF (NASDAQ:GFGF) Short Interest Down 39.3% in December

by · The Cerbat Gem

Guru Favorite Stocks ETF (NASDAQ:GFGFGet Free Report) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 343 shares, a decrease of 39.3% from the December 15th total of 565 shares. Based on an average daily volume of 374 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 374 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Trading of Guru Favorite Stocks ETF

An institutional investor recently raised its position in Guru Favorite Stocks ETF stock. Royal Bank of Canada raised its stake in shares of Guru Favorite Stocks ETF (NASDAQ:GFGFFree Report) by 96.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,750 shares of the company’s stock after acquiring an additional 6,269 shares during the quarter. Royal Bank of Canada owned approximately 1.20% of Guru Favorite Stocks ETF worth $390,000 at the end of the most recent reporting period.

Guru Favorite Stocks ETF Trading Up 0.3%

GFGF stock traded up $0.13 during trading on Friday, reaching $35.89. The stock had a trading volume of 20 shares, compared to its average volume of 1,493. The firm has a market cap of $38.04 million, a PE ratio of 31.06 and a beta of 1.06. The stock’s 50 day moving average is $35.11 and its two-hundred day moving average is $34.08. Guru Favorite Stocks ETF has a 52 week low of $27.85 and a 52 week high of $36.15.

Guru Favorite Stocks ETF Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd were paid a dividend of $0.0752 per share. This represents a yield of 21.0%. The ex-dividend date of this dividend was Tuesday, December 23rd.

Guru Favorite Stocks ETF Company Profile

(Get Free Report)

The Guru Favorite Stocks ETF Guru Favorite Stocks Fund (GFGF) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US-listed companies that are favored by prominent long-term investors. GFGF was launched on Dec 16, 2021 and is managed by Alpha Architect.

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