Guru Favorite Stocks ETF (NASDAQ:GFGF) Short Interest Update

Guru Favorite Stocks ETF (NASDAQ:GFGF) was the target of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 283 shares, an increase of 708.6% from the January 29th total of 35 shares. Based on an average daily trading volume, of 709 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 709 shares, the short-interest ratio is currently 0.4 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 grew its position in shares of Guru Favorite Stocks ETF (NASDAQ:GFGF) by 96.7% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,750 shares of the company’s stock after purchasing an additional 6,269 shares during the period. Royal Bank of Canada owned approximately 1.20% of Guru Favorite Stocks ETF worth $390,000 as of its most recent SEC filing.

Guru Favorite Stocks ETF Price Performance

Shares of GFGF stock traded down $0.43 during trading on Friday, hitting $33.65. 154 shares of the stock traded hands, compared to its average volume of 839. Guru Favorite Stocks ETF has a 52-week low of $27.85 and a 52-week high of $36.15. The firm has a market capitalization of $35.67 million, a P/E ratio of 31.06 and a beta of 1.06. The firm’s fifty day moving average price is $34.97 and its 200-day moving average price is $34.35.

Guru Favorite Stocks ETF Dividend Announcement

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