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

CoreValues Alpha Greater China Growth ETF (NYSEARCA:CGRO) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 3,165 shares, a growth of 163.5% from the June 15th total of 1,201 shares. Currently, 3.2% of the shares of the company are sold short. Based on an average daily volume of 1,017 shares, the days-to-cover ratio is currently 3.1 days.

CoreValues Alpha Greater China Growth ETF Price Performance

NYSEARCA CGRO opened at $21.26 on Tuesday. The stock has a market capitalization of $2.13 million, a price-to-earnings ratio of 20.05 and a beta of 0.26. CoreValues Alpha Greater China Growth ETF has a one year low of $19.79 and a one year high of $32.22. The business’s fifty day moving average is $22.26 and its 200-day moving average is $24.40.

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.