Polen Capital China Growth ETF (NYSEARCA:PCCE) Sees Large Drop in Short Interest

Polen Capital China Growth ETF (NYSEARCA:PCCE) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 296 shares, a drop of 40.7% from the July 15th total of 499 shares. Based on an average daily trading volume, of 350 shares, the short-interest ratio is presently 0.8 days. Currently, 0.2% of the company’s shares are sold short.

Polen Capital China Growth ETF Stock Performance

NYSEARCA PCCE remained flat at $12.55 on Wednesday. 1,079 shares of the company’s stock traded hands, compared to its average volume of 818. Polen Capital China Growth ETF has a 1 year low of $11.96 and a 1 year high of $14.80. The stock’s fifty day simple moving average is $12.45 and its 200-day simple moving average is $12.71. The company has a market capitalization of $1.51 million, a price-to-earnings ratio of 19.12 and a beta of 0.32.

About Polen Capital China Growth ETF

The Polen Capital China Growth (PCCE) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital growth by actively managing a narrow portfolio of Chinese growth companies deemed to have a sustainable competitive advantage. The fund may invest in companies of any market capitalization. PCCE was launched on Mar 1, 2024 and is issued by Polen.