Hedgeye Quality Growth ETF (NYSEARCA:HGRO) Short Interest Update

Hedgeye Quality Growth ETF (NYSEARCA:HGRO) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 2,864 shares, a decline of 53.8% from the June 30th total of 6,194 shares. Based on an average daily volume of 36,831 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On Hedgeye Quality Growth ETF

An institutional investor recently bought a new position in Hedgeye Quality Growth ETF stock. Copia Wealth Management purchased a new position in shares of Hedgeye Quality Growth ETF (NYSEARCA:HGRO) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 5,311 shares of the company’s stock, valued at approximately $151,000. Copia Wealth Management owned about 0.20% of Hedgeye Quality Growth ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Hedgeye Quality Growth ETF Stock Performance

Shares of Hedgeye Quality Growth ETF stock traded down $0.16 on Tuesday, hitting $30.02. 65,951 shares of the company’s stock traded hands, compared to its average volume of 68,880. The firm’s 50-day moving average is $30.96 and its 200 day moving average is $29.75. Hedgeye Quality Growth ETF has a 52-week low of $25.93 and a 52-week high of $31.85.

About Hedgeye Quality Growth ETF

HGRO is an actively managed, large-cap U.S. equity ETF with approximately 40–50 high-conviction holdings. It focuses on three categories—Deep Moat Compounders, Innovators/Disruptors & S-Curve Beneficiaries, and Idiosyncratic Special Situations—to pursue long?term capital appreciation. The fund is managed by veteran portfolio manager Sam?Rahman, who brings over 30 years of investment experience.