Polen Capital Global Growth ETF (NYSEARCA:PCGG) Sees Large Increase in Short Interest

Polen Capital Global Growth ETF (NYSEARCA:PCGG) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 11,543 shares, a growth of 93.0% from the May 14th total of 5,980 shares. Based on an average daily volume of 7,196 shares, the short-interest ratio is presently 1.6 days. Currently, 1.4% of the shares of the stock are sold short.

Polen Capital Global Growth ETF Trading Up 2.1%

NYSEARCA PCGG traded up $0.23 on Monday, hitting $11.06. 711 shares of the company were exchanged, compared to its average volume of 153,717. The firm has a 50 day moving average of $10.88 and a two-hundred day moving average of $11.15. The company has a market cap of $8.96 million, a P/E ratio of 34.57 and a beta of 1.06. Polen Capital Global Growth ETF has a 1-year low of $9.70 and a 1-year high of $12.65.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Polen Capital Global Growth ETF stock. Flow Traders U.S. LLC grew its stake in Polen Capital Global Growth ETF (NYSEARCA:PCGG) by 301.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 172,580 shares of the company’s stock after acquiring an additional 129,598 shares during the quarter. Flow Traders U.S. LLC owned 1.11% of Polen Capital Global Growth ETF worth $2,121,000 at the end of the most recent quarter.

Polen Capital Global Growth ETF Company Profile

The Polen Capital Global Growth ETF (PCGG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, high-conviction portfolio of companies that are perceived to have a sustainable competitive advantage and strong potential for above average earnings globally. PCGG was launched on Aug 30, 2023 and is issued by Polen.