Conductor Global Equity Value ETF (NYSE:CGV) Shares Shorted: Short Interest Up 90.4% in September

Conductor Global Equity Value ETF (NYSE:CGV) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 79,641 shares, an increase of 90.4% from the August 31st total of 41,820 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average trading volume of 34,442 shares, the days-to-cover ratio is currently 2.3 days.

Conductor Global Equity Value ETF Trading Down 0.4%

Conductor Global Equity Value ETF stock opened at $15.88 on Tuesday. Conductor Global Equity Value ETF has a 12 month low of $14.15 and a 12 month high of $17.06. The stock’s 50 day simple moving average is $15.99 and its two-hundred day simple moving average is $15.94. The firm has a market cap of $137.08 million, a PE ratio of 29.97 and a beta of 0.53.

Conductor Global Equity Value ETF Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Tuesday, September 29th will be paid a $0.0847 dividend. The ex-dividend date is Tuesday, September 29th. This represents a $0.34 annualized dividend and a dividend yield of 2.1%. This is a decrease from Conductor Global Equity Value ETF’s previous quarterly dividend of $0.1719. Conductor Global Equity Value ETF’s dividend payout ratio (DPR) is presently 141.51%.

Conductor Global Equity Value ETF Company Profile

The Conductor Global Equity Value ETF (CGV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of equity securities issued by companies globally, that exhibit value characteristics. Holdings are selected using technical, fundamental, and quantitative analyses. CGV was launched on Aug 1, 2022 and is managed by Conductor Fund.