Jensen Quality Growth ETF (NYSEARCA:JGRW) Sees Significant Drop in Short Interest

Jensen Quality Growth ETF (NYSEARCA:JGRW) saw a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 7,891 shares, a drop of 60.4% from the January 29th total of 19,915 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 27,154 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 27,154 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the shares of the company are short sold.

Jensen Quality Growth ETF Price Performance

Shares of JGRW traded down $0.04 during midday trading on Friday, reaching $26.18. 4,725 shares of the stock were exchanged, compared to its average volume of 16,357. Jensen Quality Growth ETF has a twelve month low of $22.86 and a twelve month high of $27.60. The company has a market capitalization of $122.00 million, a price-to-earnings ratio of 31.47 and a beta of 0.74. The business’s 50-day moving average price is $26.69 and its 200 day moving average price is $26.88.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Jensen Quality Growth ETF stock. SOL Capital Management CO raised its holdings in Jensen Quality Growth ETF (NYSEARCA:JGRW) by 64.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 384,506 shares of the company’s stock after purchasing an additional 150,616 shares during the quarter. Jensen Quality Growth ETF comprises approximately 0.9% of SOL Capital Management CO’s portfolio, making the stock its 28th largest holding. SOL Capital Management CO owned about 8.27% of Jensen Quality Growth ETF worth $10,407,000 as of its most recent SEC filing.

Jensen Quality Growth ETF Company Profile

The Jensen Quality Growth ETF (JGRW) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital growth through an actively managed portfolio of US stocks exhibiting growth and quality characteristics. JGRW was launched on Aug 13, 2024 and is issued by Jensen.