GGM Macro Alignment ETF (NYSEARCA:GGM) Short Interest Update

GGM Macro Alignment ETF (NYSEARCA:GGM) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 342 shares, an increase of 388.6% from the April 15th total of 70 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 493 shares, the short-interest ratio is presently 0.7 days.

GGM Macro Alignment ETF Stock Performance

Shares of NYSEARCA:GGM traded down $0.05 during mid-day trading on Thursday, hitting $28.74. The stock had a trading volume of 143 shares, compared to its average volume of 1,912. The company’s 50 day moving average is $28.41 and its 200-day moving average is $28.08. GGM Macro Alignment ETF has a 12-month low of $25.59 and a 12-month high of $29.70. The company has a market cap of $17.82 million, a PE ratio of 23.78 and a beta of 0.64.

About GGM Macro Alignment ETF

The GGM Macro Alignment ETF (GGM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that seeks long-term capital appreciation by dynamically shifting investments best suited for the prevailing macroeconomic environment. Holdings consist of five underlying ETFs representing distinct US equity market sectors, sub-sectors, and market styles, including fixed income. GGM was launched on Sep 27, 2023 and is issued by GGM.