Zacks Focus Growth ETF (BATS:GROZ) Short Interest Up 49.3% in August

Zacks Focus Growth ETF (BATS:GROZ) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 25,937 shares, an increase of 49.3% from the July 30th total of 17,377 shares. Approximately 2.5% of the company’s stock are sold short. Based on an average daily trading volume, of 21,266 shares, the short-interest ratio is presently 1.2 days.

Zacks Focus Growth ETF Price Performance

Shares of Zacks Focus Growth ETF stock opened at $32.79 on Tuesday. The business has a 50-day simple moving average of $32.24 and a 200 day simple moving average of $30.82. Zacks Focus Growth ETF has a one year low of $26.43 and a one year high of $33.69. The firm has a market capitalization of $34.43 million and a price-to-earnings ratio of 35.67.

Institutional Investors Weigh In On Zacks Focus Growth ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Arax Advisory Partners acquired a new position in shares of Zacks Focus Growth ETF during the fourth quarter worth approximately $27,000. Rossby Financial LCC grew its position in Zacks Focus Growth ETF by 44.7% in the 4th quarter. Rossby Financial LCC now owns 2,429 shares of the company’s stock valued at $72,000 after purchasing an additional 750 shares during the period. PNC Financial Services Group Inc. bought a new stake in Zacks Focus Growth ETF during the 1st quarter valued at $143,000. Paragon Private Wealth Management LLC bought a new stake in Zacks Focus Growth ETF during the 4th quarter valued at $210,000. Finally, Susquehanna International Group LLP bought a new stake in Zacks Focus Growth ETF during the 3rd quarter valued at $239,000.

About Zacks Focus Growth ETF

The Zacks Focus Growth ETF (GROZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, aiming to provide long-term capital appreciation and minimize loss, through a portfolio of US large-cap growth stocks. Holdings are selected and weighted based on a proprietary AI tool combined with Zacks research. GROZ was launched on Dec 5, 2024 and is issued by Zacks.