Hedgeye Quality Growth ETF (NYSEARCA:HGRO) Sees Large Decrease in Short Interest

Hedgeye Quality Growth ETF (NYSEARCA:HGRO) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 8,936 shares, a decline of 86.3% from the December 15th total of 65,355 shares. Based on an average trading volume of 40,930 shares, the short-interest ratio is presently 0.2 days. Currently, 0.4% of the shares of the company are sold short. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 40,930 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Hedgeye Quality Growth ETF

A hedge fund recently raised its stake in Hedgeye Quality Growth ETF stock. Game Plan Financial Advisors LLC grew its stake in Hedgeye Quality Growth ETF (NYSEARCA:HGRO) by 570.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,120 shares of the company’s stock after purchasing an additional 17,120 shares during the period. Game Plan Financial Advisors LLC owned approximately 1.34% of Hedgeye Quality Growth ETF worth $552,000 as of its most recent filing with the Securities and Exchange Commission.

Hedgeye Quality Growth ETF Price Performance

Shares of HGRO stock traded up $0.12 during mid-day trading on Monday, reaching $29.39. The stock had a trading volume of 67,296 shares, compared to its average volume of 56,757. Hedgeye Quality Growth ETF has a one year low of $24.77 and a one year high of $29.39. The firm’s 50 day simple moving average is $28.40 and its 200 day simple moving average is $27.45.

About Hedgeye Quality Growth ETF

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.