SRH U.S. Quality GARP ETF (NYSEARCA:SRHQ) Sees Significant Drop in Short Interest

SRH U.S. Quality GARP ETF (NYSEARCA:SRHQ) was the recipient of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 2,638 shares, a decline of 45.2% from the July 30th total of 4,814 shares. Based on an average trading volume of 1,149 shares, the short-interest ratio is currently 2.3 days. Currently, 0.1% of the company’s shares are sold short.

SRH U.S. Quality GARP ETF Price Performance

Shares of SRH U.S. Quality GARP ETF stock traded down $0.18 during trading hours on Friday, hitting $49.99. The company’s stock had a trading volume of 188 shares, compared to its average volume of 637. The company has a market capitalization of $219.96 million, a PE ratio of 20.10 and a beta of 0.84. The stock has a 50 day moving average of $47.84 and a 200 day moving average of $44.33. SRH U.S. Quality GARP ETF has a 12 month low of $37.22 and a 12 month high of $50.36.

SRH U.S. Quality GARP ETF Company Profile

The SRH U.S. Quality ETF (SRHQ) is an exchange-traded fund that is based on the SRH US Quality index. The fund tracks an equally weighted index of US large-cap stocks screened based on three fundamental factors: value, growth, and quality. SRHQ was launched on Oct 5, 2022 and is managed by SRH.