Guru Favorite Stocks ETF (NASDAQ:GFGF) Sees Significant Drop in Short Interest

Guru Favorite Stocks ETF (NASDAQ:GFGFGet Free Report) was the recipient of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 35 shares, a drop of 85.6% from the January 15th total of 243 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 547 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 547 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Guru Favorite Stocks ETF Stock Performance

Shares of GFGF traded down $0.36 during mid-day trading on Tuesday, hitting $33.77. 113 shares of the company traded hands, compared to its average volume of 1,082. The stock has a market cap of $35.80 million, a price-to-earnings ratio of 31.06 and a beta of 1.06. The stock has a 50-day moving average price of $35.30 and a two-hundred day moving average price of $34.30. Guru Favorite Stocks ETF has a 1 year low of $27.85 and a 1 year high of $36.15.

Guru Favorite Stocks ETF Dividend Announcement

The business also recently announced an annual dividend, which was paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd were paid a dividend of $0.0752 per share. The ex-dividend date was Tuesday, December 23rd. This represents a yield of 21.0%.

Hedge Funds Weigh In On Guru Favorite Stocks ETF

A hedge fund recently raised its stake in Guru Favorite Stocks ETF stock. Royal Bank of Canada lifted its position in Guru Favorite Stocks ETF (NASDAQ:GFGFFree Report) by 96.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,750 shares of the company’s stock after buying an additional 6,269 shares during the period. Royal Bank of Canada owned approximately 1.20% of Guru Favorite Stocks ETF worth $390,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Guru Favorite Stocks ETF Company Profile

(Get Free Report)

The Guru Favorite Stocks ETF Guru Favorite Stocks Fund (GFGF) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US-listed companies that are favored by prominent long-term investors. GFGF was launched on Dec 16, 2021 and is managed by Alpha Architect.

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