Gabelli Growth Innovators ETF (NYSEARCA:GGRW) Shares Shorted: Short Interest Down 50.8% in October

Gabelli Growth Innovators ETF (NYSEARCA:GGRW) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 156 shares, a drop of 50.8% from the September 30th total of 317 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 239 shares, the days-to-cover ratio is presently 0.7 days.

Gabelli Growth Innovators ETF Stock Performance

Shares of GGRW traded down $0.95 during midday trading on Friday, hitting $35.78. 113 shares of the stock traded hands, compared to its average volume of 670. The business’s 50 day moving average price is $37.27 and its two-hundred day moving average price is $36.18. The firm has a market capitalization of $7.16 million, a PE ratio of 43.52 and a beta of 1.23. Gabelli Growth Innovators ETF has a 1-year low of $31.44 and a 1-year high of $38.72.

Gabelli Growth Innovators ETF Company Profile

The Gabelli Growth Innovators ETF (GGRW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, non-transparent fund that seeks growth of capital and income by targeting US-listed companies with high future earnings potential relative to their current market value and considered to be innovative in their industry. The fund utilizes the Precidian non-transparent model. GGRW was launched on Feb 16, 2021 and is managed by Gabelli.