Zacks Focus Growth ETF (BATS:GROZ) Sees Significant Decline in Short Interest

Zacks Focus Growth ETF (BATS:GROZ) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 1,394 shares, a decrease of 89.1% from the August 31st total of 12,773 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 22,667 shares, the short-interest ratio is currently 0.1 days.

Zacks Focus Growth ETF Stock Performance

Zacks Focus Growth ETF stock traded up $0.08 during midday trading on Thursday, reaching $33.91. The stock had a trading volume of 15,121 shares, compared to its average volume of 24,843. Zacks Focus Growth ETF has a 1-year low of $26.43 and a 1-year high of $34.31. The stock has a market capitalization of $35.61 million and a P/E ratio of 35.67. The firm’s fifty day simple moving average is $32.70 and its 200-day simple moving average is $31.30.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Unique Wealth LLC raised its stake in Zacks Focus Growth ETF by 33.7% in the 2nd quarter. Unique Wealth LLC now owns 29,789 shares of the company’s stock valued at $870,000 after acquiring an additional 7,506 shares during the period. Strive Financial Group LLC increased its holdings in shares of Zacks Focus Growth ETF by 322.3% in the second quarter. Strive Financial Group LLC now owns 345,021 shares of the company’s stock valued at $10,965,000 after purchasing an additional 263,324 shares during the last quarter. Carter Financial Group INC. increased its holdings in shares of Zacks Focus Growth ETF by 8.3% in the second quarter. Carter Financial Group INC. now owns 20,026 shares of the company’s stock valued at $585,000 after purchasing an additional 1,528 shares during the last quarter. Paragon Private Wealth Management LLC raised its position in shares of Zacks Focus Growth ETF by 8.1% in the second quarter. Paragon Private Wealth Management LLC now owns 9,817 shares of the company’s stock valued at $312,000 after purchasing an additional 736 shares during the period. Finally, GK Wealth Management LLC bought a new position in shares of Zacks Focus Growth ETF in the second quarter valued at about $695,000.

Zacks Focus Growth ETF Company Profile

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.