Conductor Global Equity Value ETF (NYSE:CGV) Short Interest Update

Conductor Global Equity Value ETF (NYSE:CGV) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 41,820 shares, a decline of 69.5% from the August 15th total of 136,973 shares. Based on an average daily volume of 26,731 shares, the short-interest ratio is presently 1.6 days. Approximately 0.5% of the company’s shares are sold short.

Conductor Global Equity Value ETF Stock Up 0.4%

Shares of CGV traded up $0.07 during mid-day trading on Friday, reaching $16.14. The company’s stock had a trading volume of 26,579 shares, compared to its average volume of 23,495. The business has a fifty day moving average of $15.86 and a 200 day moving average of $15.98. The company has a market cap of $134.93 million, a price-to-earnings ratio of 30.45 and a beta of 0.53. Conductor Global Equity Value ETF has a 1 year low of $14.15 and a 1 year high of $17.06.

Conductor Global Equity Value ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Monday, June 29th were given a dividend of $0.1719 per share. This represents a $0.69 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Monday, June 29th. Conductor Global Equity Value ETF’s payout ratio is presently 141.51%.

Institutional Investors Weigh In On Conductor Global Equity Value ETF

A hedge fund recently bought a new stake in Conductor Global Equity Value ETF stock. Cary Street Partners Financial LLC bought a new stake in shares of Conductor Global Equity Value ETF (NYSE:CGV) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 25,294 shares of the company’s stock, valued at approximately $373,000. Cary Street Partners Financial LLC owned approximately 0.31% of Conductor Global Equity Value ETF at the end of the most recent reporting period. 2.08% of the stock is owned by hedge funds and other institutional investors.

About Conductor Global Equity Value ETF

The Conductor Global Equity Value ETF (CGV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of equity securities issued by companies globally, that exhibit value characteristics. Holdings are selected using technical, fundamental, and quantitative analyses. CGV was launched on Aug 1, 2022 and is managed by Conductor Fund.