Hedgeye Quality Growth ETF (NYSEARCA:HGRO) Sees Significant Decrease in Short Interest

Hedgeye Quality Growth ETF (NYSEARCA:HGRO) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 7,582 shares, a drop of 83.8% from the August 15th total of 46,748 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 34,064 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Hedgeye Quality Growth ETF stock. Copia Wealth Management purchased a new position in Hedgeye Quality Growth ETF (NYSEARCA:HGRO) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,311 shares of the company’s stock, valued at approximately $151,000. Copia Wealth Management owned approximately 0.20% of Hedgeye Quality Growth ETF at the end of the most recent reporting period.

Hedgeye Quality Growth ETF Price Performance

Shares of HGRO stock traded up $0.08 on Friday, hitting $29.68. The stock had a trading volume of 35,731 shares, compared to its average volume of 62,717. Hedgeye Quality Growth ETF has a twelve month low of $26.86 and a twelve month high of $31.85. The company has a fifty day moving average price of $30.55 and a two-hundred day moving average price of $30.05.

About Hedgeye Quality Growth ETF

HGRO is an actively managed, large-cap U.S. equity ETF with approximately 40–50 high-conviction holdings. It focuses on three categories—Deep Moat Compounders, Innovators/Disruptors & S-Curve Beneficiaries, and Idiosyncratic Special Situations—to pursue long‑term capital appreciation. The fund is managed by veteran portfolio manager Sam Rahman, who brings over 30 years of investment experience.