Polen Capital International Growth ETF (NYSEARCA:PCIG) Sees Large Growth in Short Interest

Polen Capital International Growth ETF (NYSEARCA:PCIG) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 10,050 shares, a growth of 368.8% from the May 14th total of 2,144 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 8,293 shares, the short-interest ratio is currently 1.2 days.

Polen Capital International Growth ETF Stock Performance

Shares of PCIG opened at $8.33 on Thursday. The stock’s 50-day simple moving average is $8.39 and its 200 day simple moving average is $8.74. The stock has a market capitalization of $26.57 million, a price-to-earnings ratio of 32.96 and a beta of 0.89. Polen Capital International Growth ETF has a 52-week low of $7.71 and a 52-week high of $9.87.

Polen Capital International Growth ETF Company Profile

The Polen Capital International Growth (PCIG) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks long-term capital growth by actively managing a narrow portfolio of large-cap growth companies issued by countries outside the US. The fund targets firms deemed to have a sustainable competitive advantage. PCIG was launched on Mar 1, 2024 and is issued by Polen.