GGM Macro Alignment ETF (NYSEARCA:GGM) Short Interest Update

GGM Macro Alignment ETF (NYSEARCA:GGM – Get Free Report) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 342 shares, a growth of 388.6% from the April 15th total of 70 shares. Based on an average daily volume of 493 shares, the short-interest ratio is presently 0.7 days. Approximately 0.1% of the shares of the company are short sold.

GGM Macro Alignment ETF Stock Performance

NYSEARCA GGM opened at $28.89 on Wednesday. GGM Macro Alignment ETF has a twelve month low of $25.33 and a twelve month high of $29.70. The stock has a market capitalization of $17.91 million, a PE ratio of 23.78 and a beta of 0.64. The stock has a 50-day simple moving average of $28.44 and a 200 day simple moving average of $28.06.

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GGM Macro Alignment ETF Company Profile

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The GGM Macro Alignment ETF (GGM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that seeks long-term capital appreciation by dynamically shifting investments best suited for the prevailing macroeconomic environment. Holdings consist of five underlying ETFs representing distinct US equity market sectors, sub-sectors, and market styles, including fixed income. GGM was launched on Sep 27, 2023 and is issued by GGM.

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