Jensen Quality Growth ETF (NYSEARCA:JGRW) Sees Large Growth in Short Interest

Jensen Quality Growth ETF (NYSEARCA:JGRW) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 1,230 shares, an increase of 76.0% from the May 31st total of 699 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 14,366 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Jensen Quality Growth ETF

An institutional investor recently raised its stake in Jensen Quality Growth ETF stock. SOL Capital Management CO increased its position in shares of Jensen Quality Growth ETF (NYSEARCA:JGRW) by 64.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 384,506 shares of the company’s stock after buying an additional 150,616 shares during the period. Jensen Quality Growth ETF accounts for approximately 0.9% of SOL Capital Management CO’s investment portfolio, making the stock its 28th biggest position. SOL Capital Management CO owned approximately 8.27% of Jensen Quality Growth ETF worth $10,407,000 at the end of the most recent reporting period.

Jensen Quality Growth ETF Stock Performance

Shares of NYSEARCA JGRW opened at $27.12 on Thursday. The stock has a 50 day moving average price of $26.76 and a 200 day moving average price of $26.34. Jensen Quality Growth ETF has a 52 week low of $23.59 and a 52 week high of $27.60. The stock has a market capitalization of $90.04 million, a PE ratio of 31.47 and a beta of 0.82.

About Jensen Quality Growth ETF

The Jensen Quality Growth ETF (JGRW) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital growth through an actively managed portfolio of US stocks exhibiting growth and quality characteristics. JGRW was launched on Aug 13, 2024 and is issued by Jensen.