Polen Capital China Growth ETF (NYSEARCA:PCCE) Sees Large Growth in Short Interest

by · The Markets Daily

Polen Capital China Growth ETF (NYSEARCA:PCCE – Get Free Report) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 499 shares, a growth of 158.5% from the June 30th total of 193 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 266 shares, the days-to-cover ratio is currently 1.9 days.

Polen Capital China Growth ETF Trading Up 2.0%

Shares of PCCE traded up $0.24 during trading hours on Monday, reaching $12.47. 767 shares of the company’s stock traded hands, compared to its average volume of 389. Polen Capital China Growth ETF has a 12 month low of $11.96 and a 12 month high of $14.80. The stock has a market cap of $1.50 million, a PE ratio of 19.12 and a beta of 0.32. The firm’s 50 day simple moving average is $12.54 and its 200-day simple moving average is $12.83.

Polen Capital China Growth ETF Company Profile

(Get Free Report)

The Polen Capital China Growth (PCCE) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital growth by actively managing a narrow portfolio of Chinese growth companies deemed to have a sustainable competitive advantage. The fund may invest in companies of any market capitalization. PCCE was launched on Mar 1, 2024 and is issued by Polen.

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