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

Jensen Quality Growth ETF (NYSEARCA:JGRW) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 519 shares, a growth of 287.3% from the August 31st total of 134 shares. Based on an average trading volume of 3,509 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Jensen Quality Growth ETF Stock Performance

Shares of JGRW traded up $0.22 during mid-day trading on Friday, hitting $27.64. 15,899 shares of the company traded hands, compared to its average volume of 18,242. The stock has a 50-day moving average price of $27.92 and a two-hundred day moving average price of $26.86. Jensen Quality Growth ETF has a 1 year low of $23.59 and a 1 year high of $28.96. The stock has a market cap of $85.41 million, a price-to-earnings ratio of 31.47 and a beta of 0.81.

Jensen Quality Growth ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 21st. Investors of record on Friday, September 18th were issued a $0.0220 dividend. This is a decrease from Jensen Quality Growth ETF’s previous quarterly dividend of $0.0395. This represents a $0.09 annualized dividend and a yield of 0.3%. The ex-dividend date was Friday, September 18th.

Jensen Quality Growth ETF Company Profile

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.