Conductor Global Equity Value ETF (NYSE:CGV) Short Interest Down 69.5% in August

Conductor Global Equity Value ETF (NYSE:CGV – Get Free Report) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 41,820 shares, a decline of 69.5% from the August 15th total of 136,973 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 26,731 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Conductor Global Equity Value ETF stock. Cary Street Partners Financial LLC acquired a new stake in Conductor Global Equity Value ETF (NYSE:CGV – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 25,294 shares of the company’s stock, valued at approximately $373,000. Cary Street Partners Financial LLC owned approximately 0.31% of Conductor Global Equity Value ETF as of its most recent filing with the Securities & Exchange Commission. 2.08% of the stock is currently owned by institutional investors and hedge funds.

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Conductor Global Equity Value ETF Trading Up 0.4%

CGV traded up $0.07 during mid-day trading on Friday, hitting $16.14. 26,579 shares of the stock were exchanged, compared to its average volume of 23,495. The firm’s fifty day moving average is $15.86 and its two-hundred day moving average is $15.98. Conductor Global Equity Value ETF has a 1-year low of $14.15 and a 1-year high of $17.06. The company has a market cap of $134.93 million, a PE ratio of 30.45 and a beta of 0.53.

Conductor Global Equity Value ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Monday, June 29th were given a dividend of $0.1719 per share. This represents a $0.69 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Monday, June 29th. Conductor Global Equity Value ETF’s dividend payout ratio is currently 141.51%.

About Conductor Global Equity Value ETF

(Get Free Report)

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.

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