Jensen Quality Growth ETF (NYSEARCA:JGRW) Shares Shorted: Short Interest Up 287.3% in September

Jensen Quality Growth ETF (NYSEARCA:JGRW) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 519 shares, an increase of 287.3% from the August 31st total of 134 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 3,509 shares, the days-to-cover ratio is presently 0.1 days.

Jensen Quality Growth ETF Stock Performance

Shares of JGRW stock opened at $27.64 on Monday. Jensen Quality Growth ETF has a fifty-two week low of $23.59 and a fifty-two week high of $28.96. The company has a 50 day moving average price of $27.92 and a 200 day moving average price of $26.86. The stock has a market capitalization of $85.41 million, a P/E ratio of 31.47 and a beta of 0.81.

Jensen Quality Growth ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 21st. Shareholders of record on Friday, September 18th were given a $0.0220 dividend. The ex-dividend date of this dividend was Friday, September 18th. This represents a $0.09 annualized dividend and a yield of 0.3%. This is a drop from Jensen Quality Growth ETF’s previous quarterly dividend of $0.0395.

Jensen Quality Growth ETF Company Profile

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.