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

CoreValues Alpha Greater China Growth ETF (NYSEARCA:CGRO) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 13 shares, a drop of 99.8% from the August 31st total of 6,220 shares. Based on an average daily volume of 154 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

CoreValues Alpha Greater China Growth ETF Trading Down 0.4%

CGRO stock traded down $0.09 during mid-day trading on Friday, reaching $20.56. The company’s stock had a trading volume of 230 shares, compared to its average volume of 1,000. CoreValues Alpha Greater China Growth ETF has a 12 month low of $19.79 and a 12 month high of $32.22. The business’s 50 day moving average price is $21.96 and its 200 day moving average price is $22.64. The company has a market cap of $2.06 million, a price-to-earnings ratio of 20.05 and a beta of 0.20.

CoreValues Alpha Greater China Growth ETF Company Profile

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.