Short Interest in Polen Capital Global Growth ETF (NYSEARCA:PCGG) Increases By 70.1%

Polen Capital Global Growth ETF (NYSEARCA:PCGG) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 5,980 shares, a growth of 70.1% from the April 30th total of 3,516 shares. Based on an average daily volume of 1,906 shares, the short-interest ratio is currently 3.1 days. Approximately 0.7% of the shares of the stock are short sold.

Institutional Investors Weigh In On Polen Capital Global Growth ETF

A hedge fund recently raised its stake in Polen Capital Global Growth ETF stock. Flow Traders U.S. LLC grew its position in Polen Capital Global Growth ETF (NYSEARCA:PCGG) by 301.5% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 172,580 shares of the company’s stock after buying an additional 129,598 shares during the period. Flow Traders U.S. LLC owned 1.11% of Polen Capital Global Growth ETF worth $2,121,000 at the end of the most recent reporting period.

Polen Capital Global Growth ETF Trading Down 1.9%

Shares of Polen Capital Global Growth ETF stock traded down $0.22 during midday trading on Wednesday, reaching $11.19. The company had a trading volume of 102 shares, compared to its average volume of 166,900. The company has a market capitalization of $9.06 million, a price-to-earnings ratio of 34.57 and a beta of 1.06. The stock has a fifty day simple moving average of $10.70 and a 200 day simple moving average of $11.21. Polen Capital Global Growth ETF has a 1-year low of $9.70 and a 1-year high of $12.65.

About Polen Capital Global Growth ETF

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.