Polen Capital Global Growth ETF (NYSEARCA:PCGG) Sees Large Decline in Short Interest

Polen Capital Global Growth ETF (NYSEARCA:PCGG) saw a significant decrease in short interest in February. As of February 27th, there was short interest totaling 54,589 shares, a decrease of 13.3% from the February 12th total of 62,981 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 42,730 shares, the days-to-cover ratio is currently 1.3 days. Based on an average daily volume of 42,730 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional Trading of Polen Capital Global Growth ETF

An institutional investor recently bought a new position in Polen Capital Global Growth ETF stock. Flow Traders U.S. LLC purchased a new stake in Polen Capital Global Growth ETF (NYSEARCA:PCGG) during the second quarter, according to its most recent disclosure with the SEC. The firm purchased 42,982 shares of the company’s stock, valued at approximately $514,000. Flow Traders U.S. LLC owned approximately 0.28% of Polen Capital Global Growth ETF at the end of the most recent quarter.

Polen Capital Global Growth ETF Stock Down 1.0%

Shares of Polen Capital Global Growth ETF stock traded down $0.11 on Wednesday, reaching $10.41. The company’s stock had a trading volume of 1,391 shares, compared to its average volume of 328,171. The company has a market capitalization of $163.65 million, a P/E ratio of 34.57 and a beta of 1.04. The stock has a 50-day moving average price of $11.18 and a 200-day moving average price of $11.81. Polen Capital Global Growth ETF has a 52-week low of $9.86 and a 52-week high of $12.65.

Polen Capital Global Growth ETF Company Profile

The Polen Capital Global Growth ETF (PCGG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, high-conviction portfolio of companies that are perceived to have a sustainable competitive advantage and strong potential for above average earnings globally. PCGG was launched on Aug 30, 2023 and is issued by Polen.