CoreValues Alpha Greater China Growth ETF (NYSEARCA:CGRO) Sees Significant Drop in Short Interest

CoreValues Alpha Greater China Growth ETF (NYSEARCA:CGRO) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 2,592 shares, a decline of 73.4% from the May 14th total of 9,736 shares. Approximately 3.2% of the company’s stock are short sold. Based on an average daily volume of 3,650 shares, the short-interest ratio is presently 0.7 days.

CoreValues Alpha Greater China Growth ETF Price Performance

Shares of CoreValues Alpha Greater China Growth ETF stock traded up $0.02 during trading hours on Friday, hitting $21.75. The company had a trading volume of 9 shares, compared to its average volume of 1,065. The company has a market cap of $1.74 million, a P/E ratio of 20.05 and a beta of 0.20. The company’s 50-day moving average is $23.65 and its two-hundred day moving average is $25.44. CoreValues Alpha Greater China Growth ETF has a twelve month low of $21.53 and a twelve month high of $32.22.

About CoreValues Alpha Greater China Growth ETF

The CoreValues Alpha Greater China Growth ETF (CGRO) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital appreciation by actively investing in 30 to 40 Chinese companies operating in high-growth sectors. The portfolio is constructed using core values approach that considers US national security, American values, and national interests. CGRO was launched on Oct 16, 2023 and is issued by CoreValues Alpha.