Short Interest in Polen Capital Global Growth ETF (NYSEARCA:PCGG) Drops By 98.7%

Polen Capital Global Growth ETF (NYSEARCA:PCGG) saw a large decline in short interest in August. As of August 14th, there was short interest totaling 173 shares, a decline of 98.7% from the July 30th total of 13,506 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 3,067 shares, the days-to-cover ratio is presently 0.1 days.

Polen Capital Global Growth ETF Price Performance

PCGG stock remained flat at $11.57 during trading on Tuesday. The company had a trading volume of 8,055 shares, compared to its average volume of 113,026. The business’s fifty day moving average price is $11.13 and its 200-day moving average price is $10.88. Polen Capital Global Growth ETF has a 12 month low of $9.70 and a 12 month high of $12.65. The stock has a market cap of $6.02 million, a PE ratio of 34.57 and a beta of 1.05.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Polen Capital Global Growth ETF stock. Flow Traders U.S. LLC increased its position in shares of Polen Capital Global Growth ETF (NYSEARCA:PCGG) by 301.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 172,580 shares of the company’s stock after acquiring an additional 129,598 shares during the quarter. Flow Traders U.S. LLC owned approximately 1.11% of Polen Capital Global Growth ETF worth $2,121,000 as of its most recent filing with the Securities and Exchange Commission.

Polen Capital Global Growth ETF Company Profile

The Polen Capital Global Growth ETF (PCGG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, high-conviction portfolio of companies that are perceived to have a sustainable competitive advantage and strong potential for above average earnings globally. PCGG was launched on Aug 30, 2023 and is issued by Polen.