Hedgeye Quality Growth ETF (NYSEARCA:HGRO – Get Free Report) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 7,582 shares, a drop of 83.8% from the August 15th total of 46,748 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 34,064 shares, the days-to-cover ratio is presently 0.2 days.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Hedgeye Quality Growth ETF stock. Janney Montgomery Scott LLC bought a new position in Hedgeye Quality Growth ETF (NYSEARCA:HGRO – Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 14,156 shares of the company’s stock, valued at approximately $402,000. Janney Montgomery Scott LLC owned 0.53% of Hedgeye Quality Growth ETF at the end of the most recent quarter.
Hedgeye Quality Growth ETF Price Performance
Shares of Hedgeye Quality Growth ETF stock traded up $0.10 during midday trading on Friday, reaching $29.70. 12,432 shares of the company’s stock traded hands, compared to its average volume of 62,583. The stock has a 50 day moving average of $30.57 and a 200-day moving average of $30.05. Hedgeye Quality Growth ETF has a 12 month low of $26.86 and a 12 month high of $31.85.
About Hedgeye Quality Growth ETF
HGRO is an actively managed, large-cap U.S. equity ETF with approximately 40–50 high-conviction holdings. It focuses on three categories—Deep Moat Compounders, Innovators/Disruptors & S-Curve Beneficiaries, and Idiosyncratic Special Situations—to pursue long‑term capital appreciation. The fund is managed by veteran portfolio manager Sam Rahman, who brings over 30 years of investment experience.
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