Short Interest in Guru Favorite Stocks ETF (NASDAQ:GFGF) Decreases By 29.2%

Guru Favorite Stocks ETF (NASDAQ:GFGF) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 243 shares, a decrease of 29.2% from the December 31st total of 343 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,655 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 1,655 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Trading of Guru Favorite Stocks ETF

A hedge fund recently raised its stake in Guru Favorite Stocks ETF stock. Royal Bank of Canada lifted its holdings in Guru Favorite Stocks ETF (NASDAQ:GFGF) by 96.7% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,750 shares of the company’s stock after purchasing an additional 6,269 shares during the quarter. Royal Bank of Canada owned 1.20% of Guru Favorite Stocks ETF worth $390,000 as of its most recent filing with the SEC.

Guru Favorite Stocks ETF Stock Down 0.7%

GFGF stock opened at $35.13 on Friday. The company’s 50-day simple moving average is $35.37 and its 200-day simple moving average is $34.24. The firm has a market cap of $37.24 million, a P/E ratio of 31.06 and a beta of 1.06. Guru Favorite Stocks ETF has a 52-week low of $27.85 and a 52-week high of $36.15.

Guru Favorite Stocks ETF Dividend Announcement

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

About Guru Favorite Stocks ETF

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.