Short Interest in Hedgeye Quality Growth ETF (NYSEARCA:HGRO) Drops By 86.1%

by · The Markets Daily

Hedgeye Quality Growth ETF (NYSEARCA:HGRO – Get Free Report) was the target of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 5,668 shares, a decline of 86.1% from the May 31st total of 40,751 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 93,443 shares, the days-to-cover ratio is currently 0.1 days.

Hedgeye Quality Growth ETF Trading Down 0.3%

Hedgeye Quality Growth ETF stock traded down $0.10 during mid-day trading on Friday, hitting $30.72. 31,966 shares of the company’s stock were exchanged, compared to its average volume of 73,470. The stock has a 50 day moving average of $30.66 and a two-hundred day moving average of $29.40. Hedgeye Quality Growth ETF has a 1-year low of $25.78 and a 1-year high of $31.85.

Institutional Trading of Hedgeye Quality Growth ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HGRO. Copia Wealth Management acquired a new stake in shares of Hedgeye Quality Growth ETF during the 4th quarter worth approximately $151,000. Janney Montgomery Scott LLC acquired a new stake in Hedgeye Quality Growth ETF during the fourth quarter valued at approximately $402,000. Finally, Game Plan Financial Advisors LLC grew its stake in shares of Hedgeye Quality Growth ETF by 7.5% in the 4th quarter. Game Plan Financial Advisors LLC now owns 21,620 shares of the company’s stock valued at $614,000 after purchasing an additional 1,500 shares during the period.

Hedgeye Quality Growth ETF Company Profile

(Get Free Report)

HGRO is an actively managed, large-cap U.S. equity ETF with approximately 40–50 high-conviction holdings. It focuses on three categories—Deep Moat Compounders, Innovators/Disruptors & S-Curve Beneficiaries, and Idiosyncratic Special Situations—to pursue long‑term capital appreciation. The fund is managed by veteran portfolio manager Sam Rahman, who brings over 30 years of investment experience.

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