Short Interest in Jensen Quality Growth ETF (NYSEARCA:JGRW) Drops By 62.6%

Jensen Quality Growth ETF (NYSEARCA:JGRW) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 16,812 shares, a decline of 62.6% from the December 15th total of 44,955 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 37,428 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 37,428 shares, the short-interest ratio is presently 0.4 days. Approximately 0.4% of the company’s stock are short sold.

Jensen Quality Growth ETF Stock Down 0.8%

Jensen Quality Growth ETF stock traded down $0.21 during mid-day trading on Wednesday, reaching $27.01. 15,472 shares of the company’s stock were exchanged, compared to its average volume of 11,830. Jensen Quality Growth ETF has a twelve month low of $22.86 and a twelve month high of $27.60. The company has a market cap of $125.60 million, a P/E ratio of 31.47 and a beta of 0.74. The company has a fifty day moving average of $27.02 and a 200-day moving average of $26.92.

Jensen Quality Growth ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Friday, November 14th were issued a $0.0338 dividend. This represents a $0.14 dividend on an annualized basis and a yield of 0.5%. This is a boost from Jensen Quality Growth ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Friday, November 14th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Jensen Quality Growth ETF stock. Kelleher Financial Advisors boosted its position in shares of Jensen Quality Growth ETF (NYSEARCA:JGRW) by 17.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 75,043 shares of the company’s stock after acquiring an additional 11,006 shares during the period. Kelleher Financial Advisors owned about 2.77% of Jensen Quality Growth ETF worth $2,048,000 as of its most recent SEC filing.

Jensen Quality Growth ETF Company Profile

The Jensen Quality Growth ETF (JGRW) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital growth through an actively managed portfolio of US stocks exhibiting growth and quality characteristics. JGRW was launched on Aug 13, 2024 and is issued by Jensen.