Guru Favorite Stocks ETF (NASDAQ:GFGF) Sees Large Increase in Short Interest

Guru Favorite Stocks ETF (NASDAQ:GFGF) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 326 shares, a growth of 143.3% from the August 15th total of 134 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 125 shares, the short-interest ratio is currently 2.6 days.

Guru Favorite Stocks ETF Trading Up 0.8%

Guru Favorite Stocks ETF stock traded up $0.30 during trading on Friday, reaching $36.20. The company had a trading volume of 40 shares, compared to its average volume of 1,294. The firm has a market capitalization of $37.29 million, a price-to-earnings ratio of 31.06 and a beta of 1.05. The firm’s 50-day simple moving average is $36.28 and its 200 day simple moving average is $34.84. Guru Favorite Stocks ETF has a 52 week low of $30.65 and a 52 week high of $37.01.

Institutional Trading of Guru Favorite Stocks ETF

A hedge fund recently raised its stake in Guru Favorite Stocks ETF stock. Royal Bank of Canada lifted its stake in Guru Favorite Stocks ETF (NASDAQ:GFGF) by 86.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,678 shares of the company’s stock after buying an additional 9,102 shares during the quarter. Royal Bank of Canada owned about 1.86% of Guru Favorite Stocks ETF worth $697,000 as of its most recent filing with the Securities & Exchange Commission.

Guru Favorite Stocks ETF Company Profile

The Guru Favorite Stocks ETF Guru Favorite Stocks Fund (GFGF) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US-listed companies that are favored by prominent long-term investors. GFGF was launched on Dec 16, 2021 and is managed by Alpha Architect.