Zacks Focus Growth ETF (BATS:GROZ) Short Interest Up 115.4% in May

Zacks Focus Growth ETF (BATS:GROZ) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 56,957 shares, an increase of 115.4% from the May 14th total of 26,442 shares. Currently, 5.4% of the shares of the company are sold short. Based on an average daily trading volume, of 22,186 shares, the short-interest ratio is presently 2.6 days.

Zacks Focus Growth ETF Trading Up 0.2%

BATS:GROZ traded up $0.05 during midday trading on Friday, hitting $31.60. 23,734 shares of the stock were exchanged, compared to its average volume of 26,361. The company has a market capitalization of $33.18 million and a price-to-earnings ratio of 35.67. The business has a 50-day moving average price of $30.92 and a two-hundred day moving average price of $29.92. Zacks Focus Growth ETF has a one year low of $25.02 and a one year high of $32.82.

Institutional Trading of Zacks Focus Growth ETF

Several hedge funds have recently modified their holdings of the company. Paragon Private Wealth Management LLC increased its holdings in shares of Zacks Focus Growth ETF by 28.8% during the first quarter. Paragon Private Wealth Management LLC now owns 9,081 shares of the company’s stock worth $250,000 after buying an additional 2,028 shares in the last quarter. PNC Financial Services Group Inc. bought a new position in Zacks Focus Growth ETF in the first quarter valued at approximately $143,000. Sanctuary Advisors LLC bought a new position in Zacks Focus Growth ETF during the first quarter worth about $328,000. Axxcess Wealth Management LLC grew its holdings in Zacks Focus Growth ETF by 338.2% during the first quarter. Axxcess Wealth Management LLC now owns 48,577 shares of the company’s stock valued at $1,339,000 after purchasing an additional 37,492 shares during the period. Finally, Revisor Wealth Management LLC grew its holdings in shares of Zacks Focus Growth ETF by 113.0% in the 1st quarter. Revisor Wealth Management LLC now owns 15,397 shares of the company’s stock valued at $424,000 after buying an additional 8,169 shares during the period.

About Zacks Focus Growth ETF

The Zacks Focus Growth ETF (GROZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, aiming to provide long-term capital appreciation and minimize loss, through a portfolio of US large-cap growth stocks. Holdings are selected and weighted based on a proprietary AI tool combined with Zacks research. GROZ was launched on Dec 5, 2024 and is issued by Zacks.