Jensen Quality Growth ETF (NYSEARCA:JGRW) Short Interest Up 1,897.1% in May

Jensen Quality Growth ETF (NYSEARCA:JGRW) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 699 shares, an increase of 1,897.1% from the May 14th total of 35 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 8,545 shares, the days-to-cover ratio is presently 0.1 days.

Jensen Quality Growth ETF Stock Performance

Shares of JGRW stock opened at $26.47 on Thursday. Jensen Quality Growth ETF has a fifty-two week low of $23.59 and a fifty-two week high of $27.60. The firm has a market capitalization of $110.38 million, a PE ratio of 31.47 and a beta of 0.84. The stock’s 50-day simple moving average is $26.34 and its 200-day simple moving average is $26.38.

Hedge Funds Weigh In On Jensen Quality Growth ETF

A hedge fund recently raised its stake in Jensen Quality Growth ETF stock. Kelleher Financial Advisors boosted its holdings in shares of Jensen Quality Growth ETF (NYSEARCA:JGRW) by 17.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 75,043 shares of the company’s stock after buying an additional 11,006 shares during the quarter. Kelleher Financial Advisors owned 2.77% of Jensen Quality Growth ETF worth $2,048,000 at the end of the most recent reporting period.

Jensen Quality Growth ETF Company Profile

The Jensen Quality Growth ETF (JGRW) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital growth through an actively managed portfolio of US stocks exhibiting growth and quality characteristics. JGRW was launched on Aug 13, 2024 and is issued by Jensen.