Zacks Focus Growth ETF (BATS:GROZ) Short Interest Down 50.8% in August

Zacks Focus Growth ETF (BATS:GROZ) was the target of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 12,773 shares, a decrease of 50.8% from the August 15th total of 25,937 shares. Based on an average daily trading volume, of 19,208 shares, the days-to-cover ratio is presently 0.7 days. Approximately 1.2% of the company’s stock are short sold.

Zacks Focus Growth ETF Price Performance

BATS GROZ traded down $0.21 during trading on Tuesday, reaching $32.50. 24,198 shares of the company’s stock traded hands, compared to its average volume of 24,900. The firm has a market cap of $34.13 million and a price-to-earnings ratio of 35.67. The company’s 50 day simple moving average is $32.53 and its two-hundred day simple moving average is $31.09. Zacks Focus Growth ETF has a 12-month low of $26.43 and a 12-month high of $33.69.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of GROZ. PNC Financial Services Group Inc. purchased a new stake in Zacks Focus Growth ETF in the first quarter valued at about $143,000. Paragon Private Wealth Management LLC acquired a new stake in shares of Zacks Focus Growth ETF in the fourth quarter worth $210,000. Sanctuary Advisors LLC acquired a new stake in Zacks Focus Growth ETF during the 1st quarter worth about $328,000. Faithward Advisors LLC grew its holdings in Zacks Focus Growth ETF by 37.4% during the first quarter. Faithward Advisors LLC now owns 12,793 shares of the company’s stock worth $353,000 after acquiring an additional 3,483 shares during the period. Finally, Vantus Wealth LLC acquired a new stake in shares of Zacks Focus Growth ETF during the 4th quarter worth approximately $394,000.

Zacks Focus Growth ETF Company Profile

The Zacks Focus Growth ETF (GROZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, aiming to provide long-term capital appreciation and minimize loss, through a portfolio of US large-cap growth stocks. Holdings are selected and weighted based on a proprietary AI tool combined with Zacks research. GROZ was launched on Dec 5, 2024 and is issued by Zacks.