Short Interest in SRH U.S. Quality GARP ETF (NYSEARCA:SRHQ) Drops By 46.5%

SRH U.S. Quality GARP ETF (NYSEARCA:SRHQ) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 3,412 shares, a decline of 46.5% from the April 30th total of 6,382 shares. Based on an average daily volume of 762 shares, the short-interest ratio is presently 4.5 days. Currently, 0.1% of the company’s stock are sold short.

SRH U.S. Quality GARP ETF Stock Performance

SRH U.S. Quality GARP ETF stock remained flat at $44.50 during trading hours on Monday. 5 shares of the company’s stock were exchanged, compared to its average volume of 475. The company has a market capitalization of $195.80 million, a P/E ratio of 20.10 and a beta of 0.88. The stock has a 50 day moving average of $42.63 and a 200 day moving average of $41.08. SRH U.S. Quality GARP ETF has a fifty-two week low of $36.02 and a fifty-two week high of $44.60.

SRH U.S. Quality GARP ETF Company Profile

The SRH U.S. Quality ETF (SRHQ) is an exchange-traded fund that is based on the SRH US Quality index. The fund tracks an equally weighted index of US large-cap stocks screened based on three fundamental factors: value, growth, and quality. SRHQ was launched on Oct 5, 2022 and is managed by SRH.