Conductor Global Equity Value ETF (NYSE:CGV – Get Free Report) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 79,641 shares, a growth of 90.4% from the August 31st total of 41,820 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average trading volume of 34,442 shares, the days-to-cover ratio is presently 2.3 days.
Conductor Global Equity Value ETF Price Performance
CGV stock traded down $0.03 during trading hours on Wednesday, reaching $15.66. 2,043 shares of the stock were exchanged, compared to its average volume of 22,985. The firm’s 50-day moving average is $15.99 and its 200-day moving average is $15.94. The company has a market cap of $135.15 million, a price-to-earnings ratio of 29.55 and a beta of 0.53. Conductor Global Equity Value ETF has a 12 month low of $14.15 and a 12 month high of $17.06.
Conductor Global Equity Value ETF Cuts Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Tuesday, September 29th will be issued a $0.0847 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 2.2%. This is a negative change from Conductor Global Equity Value ETF’s previous quarterly dividend of $0.1719. The ex-dividend date is Tuesday, September 29th. Conductor Global Equity Value ETF’s dividend payout ratio is presently 141.51%.
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.
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