Jensen Quality Growth ETF (NYSEARCA:JGRW) Shares Shorted: Short Interest Down 50.7% in September

Jensen Quality Growth ETF (NYSEARCA:JGRW) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 256 shares, a decline of 50.7% from the September 15th total of 519 shares. Based on an average daily trading volume, of 38,979 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Jensen Quality Growth ETF Stock Down 0.6%

NYSEARCA JGRW traded down $0.17 during trading hours on Friday, hitting $28.48. The company had a trading volume of 3,650 shares, compared to its average volume of 17,702. The firm has a market cap of $72.90 million, a P/E ratio of 31.47 and a beta of 0.82. The business has a fifty day simple moving average of $28.00 and a 200-day simple moving average of $27.17. Jensen Quality Growth ETF has a fifty-two week low of $23.59 and a fifty-two week high of $28.96.

Jensen Quality Growth ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 21st. Stockholders of record on Friday, September 18th were paid a $0.0220 dividend. The ex-dividend date of this dividend was Friday, September 18th. This represents a $0.09 dividend on an annualized basis and a dividend yield of 0.3%. This is a decrease from Jensen Quality Growth ETF’s previous quarterly dividend of $0.0395.

About Jensen Quality Growth ETF

The Jensen Quality Growth ETF (JGRW) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital growth through an actively managed portfolio of US stocks exhibiting growth and quality characteristics. JGRW was launched on Aug 13, 2024 and is issued by Jensen.