Short Interest in Jensen Quality Growth ETF (NYSEARCA:JGRW) Grows By 1,897.1%

Jensen Quality Growth ETF (NYSEARCA:JGRW) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 699 shares, an increase of 1,897.1% from the May 14th total of 35 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 8,545 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Jensen Quality Growth ETF

A hedge fund recently raised its stake in Jensen Quality Growth ETF stock. SOL Capital Management CO increased its stake in Jensen Quality Growth ETF (NYSEARCA:JGRW) by 64.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 384,506 shares of the company’s stock after buying an additional 150,616 shares during the period. Jensen Quality Growth ETF accounts for 0.9% of SOL Capital Management CO’s portfolio, making the stock its 28th largest position. SOL Capital Management CO owned approximately 8.27% of Jensen Quality Growth ETF worth $10,407,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Jensen Quality Growth ETF Stock Down 0.6%

Shares of NYSEARCA:JGRW traded down $0.16 during midday trading on Wednesday, hitting $26.69. 3,238 shares of the stock traded hands, compared to its average volume of 22,201. The stock has a market capitalization of $111.30 million, a PE ratio of 31.47 and a beta of 0.84. The business’s 50 day moving average is $26.28 and its two-hundred day moving average is $26.38. Jensen Quality Growth ETF has a one year low of $23.59 and a one year high of $27.60.

About Jensen Quality Growth ETF

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.