Guru Favorite Stocks ETF (NASDAQ:GFGF) Short Interest Down 39.3% in December

Guru Favorite Stocks ETF (NASDAQ:GFGF) saw a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 343 shares, a decrease of 39.3% from the December 15th total of 565 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 374 shares, the short-interest ratio is presently 0.9 days. Based on an average trading volume of 374 shares, the short-interest ratio is presently 0.9 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Guru Favorite Stocks ETF stock. Royal Bank of Canada boosted its holdings in Guru Favorite Stocks ETF (NASDAQ:GFGF) by 96.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 12,750 shares of the company’s stock after buying an additional 6,269 shares during the quarter. Royal Bank of Canada owned 1.20% of Guru Favorite Stocks ETF worth $390,000 as of its most recent SEC filing.

Guru Favorite Stocks ETF Price Performance

Shares of NASDAQ GFGF traded up $0.13 during mid-day trading on Friday, reaching $35.89. 20 shares of the company traded hands, compared to its average volume of 1,493. Guru Favorite Stocks ETF has a fifty-two week low of $27.85 and a fifty-two week high of $36.15. The firm has a market cap of $38.04 million, a PE ratio of 31.06 and a beta of 1.06. The stock has a fifty day simple moving average of $35.11 and a 200-day simple moving average of $34.08.

Guru Favorite Stocks ETF Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were paid a $0.0752 dividend. This represents a dividend yield of 21.0%. The ex-dividend date of this dividend was Tuesday, December 23rd.

About Guru Favorite Stocks ETF

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.