Hedgeye Quality Growth ETF (NYSEARCA:HGRO) Short Interest Update

Hedgeye Quality Growth ETF (NYSEARCA:HGRO) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 2,864 shares, a decline of 53.8% from the June 30th total of 6,194 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 36,831 shares, the days-to-cover ratio is presently 0.1 days.

Hedgeye Quality Growth ETF Trading Down 0.9%

Shares of NYSEARCA HGRO traded down $0.28 during mid-day trading on Wednesday, reaching $29.74. The company had a trading volume of 54,389 shares, compared to its average volume of 68,778. The firm has a 50 day simple moving average of $30.93 and a two-hundred day simple moving average of $29.77. Hedgeye Quality Growth ETF has a 52-week low of $25.93 and a 52-week high of $31.85.

Hedge Funds Weigh In On Hedgeye Quality Growth ETF

An institutional investor recently bought a new stake in Hedgeye Quality Growth ETF stock. Janney Montgomery Scott LLC bought a new position in shares of Hedgeye Quality Growth ETF (NYSEARCA:HGRO) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 14,156 shares of the company’s stock, valued at approximately $402,000. Janney Montgomery Scott LLC owned approximately 0.53% of Hedgeye Quality Growth ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About Hedgeye Quality Growth ETF

HGRO is an actively managed, large-cap U.S. equity ETF with approximately 40–50 high-conviction holdings. It focuses on three categories—Deep Moat Compounders, Innovators/Disruptors & S-Curve Beneficiaries, and Idiosyncratic Special Situations—to pursue long‑term capital appreciation. The fund is managed by veteran portfolio manager Sam Rahman, who brings over 30 years of investment experience.