Short Interest in CoreValues Alpha Greater China Growth ETF (NYSEARCA:CGRO) Drops By 53.7%

CoreValues Alpha Greater China Growth ETF (NYSEARCA:CGRO) was the recipient of a significant 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. Based on an average trading volume of 3,009 shares, the short-interest ratio is currently 0.4 days. Approximately 1.5% of the shares of the stock are sold short.

CoreValues Alpha Greater China Growth ETF Stock Performance

CoreValues Alpha Greater China Growth ETF stock traded up $0.19 during midday trading on Tuesday, reaching $20.46. The company’s stock had a trading volume of 1,439 shares, compared to its average volume of 1,218. CoreValues Alpha Greater China Growth ETF has a fifty-two week low of $19.79 and a fifty-two week high of $32.22. The stock’s 50 day simple moving average is $22.93 and its 200 day simple moving average is $24.88. The firm has a market capitalization of $1.64 million, a PE ratio of 20.05 and a beta of 0.20.

CoreValues Alpha Greater China Growth ETF Company Profile

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.