Zacks Focus Growth ETF (BATS:GROZ) Short Interest Up 115.4% in May

Zacks Focus Growth ETF (BATS:GROZ) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 56,957 shares, an increase of 115.4% from the May 14th total of 26,442 shares. Currently, 5.4% of the company’s shares are short sold. Based on an average trading volume of 22,186 shares, the short-interest ratio is currently 2.6 days.

Zacks Focus Growth ETF Stock Performance

GROZ stock traded up $0.05 during midday trading on Friday, hitting $31.60. 23,734 shares of the company’s stock were exchanged, compared to its average volume of 26,361. The stock’s fifty day moving average price is $30.92 and its 200-day moving average price is $29.92. The company has a market cap of $33.18 million and a PE ratio of 35.67. Zacks Focus Growth ETF has a one year low of $25.02 and a one year high of $32.82.

Institutional Investors Weigh In On Zacks Focus Growth ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Faithward Advisors LLC raised its position in Zacks Focus Growth ETF by 5.0% in the 4th quarter. Faithward Advisors LLC now owns 9,310 shares of the company’s stock valued at $277,000 after buying an additional 446 shares during the last quarter. Advisory Services Network LLC raised its position in Zacks Focus Growth ETF by 3.7% in the 2nd quarter. Advisory Services Network LLC now owns 14,799 shares of the company’s stock valued at $402,000 after buying an additional 523 shares during the last quarter. Alteri Wealth LLC raised its position in Zacks Focus Growth ETF by 4.3% in the 4th quarter. Alteri Wealth LLC now owns 14,475 shares of the company’s stock valued at $431,000 after buying an additional 597 shares during the last quarter. Rossby Financial LCC raised its position in Zacks Focus Growth ETF by 44.7% in the 4th quarter. Rossby Financial LCC now owns 2,429 shares of the company’s stock valued at $72,000 after buying an additional 750 shares during the last quarter. Finally, Navigation Wealth Management Inc. raised its position in Zacks Focus Growth ETF by 5.0% in the 4th quarter. Navigation Wealth Management Inc. now owns 16,182 shares of the company’s stock valued at $482,000 after buying an additional 777 shares during the last quarter.

About Zacks Focus Growth ETF

The Zacks Focus Growth ETF (GROZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, aiming to provide long-term capital appreciation and minimize loss, through a portfolio of US large-cap growth stocks. Holdings are selected and weighted based on a proprietary AI tool combined with Zacks research. GROZ was launched on Dec 5, 2024 and is issued by Zacks.