Short Interest in CoreValues Alpha Greater China Growth ETF (NYSEARCA:CGRO) Rises By 187.5%

CoreValues Alpha Greater China Growth ETF (NYSEARCA:CGRO) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 9,736 shares, a growth of 187.5% from the April 30th total of 3,387 shares. Currently, 12.2% of the company’s stock are short sold. Based on an average daily trading volume, of 980 shares, the short-interest ratio is currently 9.9 days.

CoreValues Alpha Greater China Growth ETF Stock Performance

NYSEARCA:CGRO traded down $0.13 during trading hours on Friday, hitting $22.61. 3,515 shares of the company’s stock traded hands, compared to its average volume of 1,050. The firm has a market cap of $1.81 million, a P/E ratio of 20.05 and a beta of 0.26. CoreValues Alpha Greater China Growth ETF has a twelve month low of $22.53 and a twelve month high of $32.22. The stock’s fifty day moving average price is $23.89 and its two-hundred day moving average price is $25.87.

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.