CoreValues Alpha Greater China Growth ETF (NYSEARCA:CGRO) Sees Large Drop in Short Interest

CoreValues Alpha Greater China Growth ETF (NYSEARCA:CGRO) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 1,201 shares, a decrease of 53.7% from the May 31st total of 2,592 shares. Currently, 1.5% of the company’s shares are short sold. Based on an average trading volume of 3,009 shares, the days-to-cover ratio is presently 0.4 days.

CoreValues Alpha Greater China Growth ETF Stock Performance

CGRO traded up $0.43 on Wednesday, hitting $20.89. 614 shares of the company were exchanged, compared to its average volume of 1,213. The firm has a fifty day simple moving average of $22.83 and a two-hundred day simple moving average of $24.83. The stock has a market capitalization of $1.67 million, a PE ratio of 20.05 and a beta of 0.20. CoreValues Alpha Greater China Growth ETF has a 12 month low of $19.79 and a 12 month high of $32.22.

About CoreValues Alpha Greater China Growth ETF

The CoreValues Alpha Greater China Growth ETF (CGRO) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital appreciation by actively investing in 30 to 40 Chinese companies operating in high-growth sectors. The portfolio is constructed using core values approach that considers US national security, American values, and national interests. CGRO was launched on Oct 16, 2023 and is issued by CoreValues Alpha.