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

Jensen Quality Growth ETF (NYSEARCA:JGRW) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 9,968 shares, a decrease of 40.7% from the December 31st total of 16,812 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 11,302 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily trading volume, of 11,302 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the shares of the company are short sold.

Jensen Quality Growth ETF Stock Down 1.0%

JGRW traded down $0.27 during trading on Friday, hitting $26.73. The company’s stock had a trading volume of 2,577 shares, compared to its average volume of 12,769. Jensen Quality Growth ETF has a one year low of $22.86 and a one year high of $27.60. The business’s 50 day simple moving average is $27.07 and its 200-day simple moving average is $26.95. The firm has a market cap of $124.29 million, a PE ratio of 31.47 and a beta of 0.74.

Jensen Quality Growth ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, November 14th were issued a dividend of $0.0338 per share. This is an increase from Jensen Quality Growth ETF’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Friday, November 14th. This represents a $0.14 dividend on an annualized basis and a yield of 0.5%.

Institutional Trading of Jensen Quality Growth ETF

A hedge fund recently raised its stake in Jensen Quality Growth ETF stock. SOL Capital Management CO boosted its position in Jensen Quality Growth ETF (NYSEARCA:JGRW) by 64.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 384,506 shares of the company’s stock after purchasing an additional 150,616 shares during the period. Jensen Quality Growth ETF makes up approximately 0.9% of SOL Capital Management CO’s investment portfolio, making the stock its 28th biggest holding. SOL Capital Management CO owned approximately 8.27% of Jensen Quality Growth ETF worth $10,407,000 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.