Short Interest in Hedgeye Quality Growth ETF (NYSEARCA:HGRO) Declines By 86.1%

Hedgeye Quality Growth ETF (NYSEARCA:HGRO) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 5,668 shares, a drop of 86.1% from the May 31st total of 40,751 shares. Based on an average trading volume of 93,443 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the shares of the company are short sold.

Hedgeye Quality Growth ETF Trading Down 0.1%

Hedgeye Quality Growth ETF stock traded down $0.02 during midday trading on Friday, reaching $30.80. 23,784 shares of the stock traded hands, compared to its average volume of 73,402. Hedgeye Quality Growth ETF has a fifty-two week low of $25.78 and a fifty-two week high of $31.85. The firm has a fifty day moving average price of $30.63 and a two-hundred day moving average price of $29.39.

Institutional Investors Weigh In On Hedgeye Quality Growth ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Copia Wealth Management bought a new position in Hedgeye Quality Growth ETF during the fourth quarter valued at about $151,000. Janney Montgomery Scott LLC bought a new stake in shares of Hedgeye Quality Growth ETF during the 4th quarter worth $402,000. Finally, Game Plan Financial Advisors LLC increased its stake in Hedgeye Quality Growth ETF by 7.5% in the 4th quarter. Game Plan Financial Advisors LLC now owns 21,620 shares of the company’s stock worth $614,000 after purchasing an additional 1,500 shares in the last quarter.

About Hedgeye Quality Growth ETF

HGRO is an actively managed, large-cap U.S. equity ETF with approximately 40–50 high-conviction holdings. It focuses on three categories—Deep Moat Compounders, Innovators/Disruptors & S-Curve Beneficiaries, and Idiosyncratic Special Situations—to pursue long‑term capital appreciation. The fund is managed by veteran portfolio manager Sam Rahman, who brings over 30 years of investment experience.