Guru Favorite Stocks ETF (NASDAQ:GFGF) Sees Significant Growth in Short Interest

Guru Favorite Stocks ETF (NASDAQ:GFGF) was the target of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 283 shares, a growth of 708.6% from the January 29th total of 35 shares. Based on an average daily volume of 709 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 709 shares, the days-to-cover ratio is presently 0.4 days.

Guru Favorite Stocks ETF Trading Up 0.7%

GFGF stock traded up $0.23 during mid-day trading on Wednesday, hitting $34.04. The stock had a trading volume of 200 shares, compared to its average volume of 859. The firm has a fifty day simple moving average of $34.99 and a 200 day simple moving average of $34.35. The firm has a market capitalization of $36.08 million, a P/E ratio of 31.06 and a beta of 1.06. Guru Favorite Stocks ETF has a 52 week low of $27.85 and a 52 week high of $36.15.

Guru Favorite Stocks ETF Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd were given a dividend of $0.0752 per share. This represents a yield of 21.0%. The ex-dividend date was Tuesday, December 23rd.

Institutional Investors Weigh In On Guru Favorite Stocks ETF

A hedge fund recently raised its stake in Guru Favorite Stocks ETF stock. Royal Bank of Canada raised its holdings in Guru Favorite Stocks ETF (NASDAQ:GFGF) by 96.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,750 shares of the company’s stock after acquiring an additional 6,269 shares during the period. Royal Bank of Canada owned about 1.20% of Guru Favorite Stocks ETF worth $390,000 at the end of the most recent quarter.

About Guru Favorite Stocks ETF

The Guru Favorite Stocks ETF Guru Favorite Stocks Fund (GFGF) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US-listed companies that are favored by prominent long-term investors. GFGF was launched on Dec 16, 2021 and is managed by Alpha Architect.