Hedgeye Quality Growth ETF (NYSEARCA:HGRO) Sees Significant Drop in Short Interest

Hedgeye Quality Growth ETF (NYSEARCA:HGRO) was the recipient of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 9,741 shares, a decline of 72.8% from the January 15th total of 35,871 shares. Based on an average daily trading volume, of 56,867 shares, the short-interest ratio is currently 0.2 days. Approximately 0.4% of the shares of the stock are short sold. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 56,867 shares, the short-interest ratio is currently 0.2 days.

Hedgeye Quality Growth ETF Trading Up 0.3%

HGRO traded up $0.08 on Wednesday, hitting $29.43. The company had a trading volume of 44,466 shares, compared to its average volume of 58,763. Hedgeye Quality Growth ETF has a 12-month low of $24.77 and a 12-month high of $29.69. The business’s fifty day simple moving average is $28.86 and its 200 day simple moving average is $27.88.

Institutional Trading of Hedgeye Quality Growth ETF

Several hedge funds and other institutional investors have recently bought and sold shares of HGRO. Game Plan Financial Advisors LLC boosted its stake in Hedgeye Quality Growth ETF by 570.7% during the third quarter. Game Plan Financial Advisors LLC now owns 20,120 shares of the company’s stock worth $552,000 after buying an additional 17,120 shares during the period. Copia Wealth Management bought a new position in Hedgeye Quality Growth ETF during the 4th quarter valued at about $151,000. Finally, Janney Montgomery Scott LLC purchased a new stake in Hedgeye Quality Growth ETF in the 4th quarter worth about $402,000.

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.