Guru Favorite Stocks ETF (NASDAQ:GFGF) Short Interest Update

Guru Favorite Stocks ETF (NASDAQ:GFGF) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 134 shares, a decline of 49.2% from the July 30th total of 264 shares. Based on an average daily volume of 6,677 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Guru Favorite Stocks ETF Stock Performance

Shares of GFGF traded up $0.06 during mid-day trading on Friday, reaching $37.01. The stock had a trading volume of 18 shares, compared to its average volume of 1,349. The business has a fifty day moving average of $36.01 and a 200 day moving average of $34.63. The firm has a market cap of $38.12 million, a price-to-earnings ratio of 31.06 and a beta of 1.05. Guru Favorite Stocks ETF has a 12 month low of $30.65 and a 12 month high of $37.01.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Guru Favorite Stocks ETF stock. Royal Bank of Canada boosted its holdings in Guru Favorite Stocks ETF (NASDAQ:GFGF) by 86.1% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 19,678 shares of the company’s stock after buying an additional 9,102 shares during the period. Royal Bank of Canada owned 1.86% of Guru Favorite Stocks ETF worth $697,000 as of its most recent SEC filing.

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.