Hedgeye Quality Growth ETF (NYSEARCA:HGRO) Short Interest Down 42.3% in May

Hedgeye Quality Growth ETF (NYSEARCA:HGRO) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 30,940 shares, a decrease of 42.3% from the April 30th total of 53,654 shares. Currently, 1.0% of the company’s shares are short sold. Based on an average daily volume of 119,215 shares, the days-to-cover ratio is presently 0.3 days.

Hedgeye Quality Growth ETF Stock Up 0.6%

Hedgeye Quality Growth ETF stock traded up $0.18 during mid-day trading on Thursday, hitting $31.77. 114,206 shares of the stock were exchanged, compared to its average volume of 73,021. Hedgeye Quality Growth ETF has a 12 month low of $24.77 and a 12 month high of $31.80. The firm’s fifty day simple moving average is $29.76 and its two-hundred day simple moving average is $29.08.

Institutional Investors Weigh In On Hedgeye Quality Growth ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC acquired a new stake in shares of Hedgeye Quality Growth ETF in the 4th quarter valued at about $402,000. Copia Wealth Management acquired a new position in Hedgeye Quality Growth ETF during the 4th quarter worth approximately $151,000. Finally, Game Plan Financial Advisors LLC boosted its holdings in Hedgeye Quality Growth ETF by 7.5% in the fourth quarter. Game Plan Financial Advisors LLC now owns 21,620 shares of the company’s stock worth $614,000 after acquiring an additional 1,500 shares in the last quarter.

Hedgeye Quality Growth ETF Company Profile

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.