Short Interest in Polen Capital Global Growth ETF (NYSEARCA:PCGG) Increases By 70.1%

Polen Capital Global Growth ETF (NYSEARCA:PCGG) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 5,980 shares, an increase of 70.1% from the April 30th total of 3,516 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily volume of 1,906 shares, the days-to-cover ratio is presently 3.1 days.

Hedge Funds Weigh In On Polen Capital Global Growth ETF

An institutional investor recently raised its position in Polen Capital Global Growth ETF stock. Flow Traders U.S. LLC grew its position in Polen Capital Global Growth ETF (NYSEARCA:PCGG) by 301.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm 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 as of its most recent SEC filing.

Polen Capital Global Growth ETF Stock Down 1.9%

Polen Capital Global Growth ETF stock traded down $0.22 during mid-day trading on Wednesday, reaching $11.19. The company had a trading volume of 102 shares, compared to its average volume of 166,900. The company has a 50 day moving average of $10.70 and a 200-day moving average of $11.21. Polen Capital Global Growth ETF has a 52 week low of $9.70 and a 52 week high of $12.65. The firm has a market cap of $9.06 million, a price-to-earnings ratio of 34.57 and a beta of 1.06.

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.