Jensen Quality Growth ETF (NYSEARCA:JGRW) Sees Large Increase in Short Interest

Jensen Quality Growth ETF (NYSEARCA:JGRW) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 699 shares, an increase of 1,897.1% from the May 14th total of 35 shares. Based on an average trading volume of 8,545 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Jensen Quality Growth ETF Stock Up 0.5%

Shares of JGRW traded up $0.13 during trading hours on Tuesday, reaching $26.85. 38,115 shares of the company traded hands, compared to its average volume of 22,376. The stock has a market capitalization of $111.96 million, a PE ratio of 31.47 and a beta of 0.84. Jensen Quality Growth ETF has a fifty-two week low of $23.59 and a fifty-two week high of $27.60. The stock has a fifty day simple moving average of $26.28 and a 200 day simple moving average of $26.38.

Institutional Investors Weigh In On Jensen Quality Growth ETF

A hedge fund recently raised its stake in Jensen Quality Growth ETF stock. Kelleher Financial Advisors lifted its position in shares of Jensen Quality Growth ETF (NYSEARCA:JGRW) by 17.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 75,043 shares of the company’s stock after buying an additional 11,006 shares during the quarter. Kelleher Financial Advisors owned approximately 2.77% of Jensen Quality Growth ETF worth $2,048,000 at the end of the most recent quarter.

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.