Conductor Global Equity Value ETF (NYSE:CGV) Stock Short Interest Declines 60.1%

Conductor Global Equity Value ETF (NYSE:CGV) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 31,790 shares, a decrease of 60.1% from the September 15th total of 79,641 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 16,335 shares, the short-interest ratio is presently 1.9 days.

Conductor Global Equity Value ETF Stock Up 0.3%

Shares of NYSE:CGV traded up $0.05 during trading on Tuesday, reaching $15.86. 5,849 shares of the company’s stock traded hands, compared to its average volume of 22,492. Conductor Global Equity Value ETF has a fifty-two week low of $14.17 and a fifty-two week high of $17.06. The company has a 50-day simple moving average of $16.05 and a 200-day simple moving average of $15.97. The firm has a market cap of $136.87 million, a PE ratio of 29.92 and a beta of 0.54.

Conductor Global Equity Value ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Tuesday, September 29th were issued a $0.0847 dividend. The ex-dividend date of this dividend was Tuesday, September 29th. This is a decrease from Conductor Global Equity Value ETF’s previous quarterly dividend of $0.1719. This represents a $0.34 annualized dividend and a yield of 2.1%. Conductor Global Equity Value ETF’s dividend payout ratio is 150.94%.

Conductor Global Equity Value ETF Company Profile

The Conductor Global Equity Value ETF (CGV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of equity securities issued by companies globally, that exhibit value characteristics. Holdings are selected using technical, fundamental, and quantitative analyses. CGV was launched on Aug 1, 2022 and is managed by Conductor Fund.