GGM Macro Alignment ETF (NYSEARCA:GGM) Shares Shorted: Short Interest Down 72.6% in October

GGM Macro Alignment ETF (NYSEARCA:GGM) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 100 shares, a decline of 72.6% from the September 30th total of 365 shares. Based on an average trading volume of 1,216 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

GGM Macro Alignment ETF Trading Down 0.1%

GGM stock traded down $0.03 during midday trading on Wednesday, hitting $30.45. The company’s stock had a trading volume of 57 shares, compared to its average volume of 1,426. The company has a market cap of $20.10 million, a PE ratio of 23.78 and a beta of 0.58. GGM Macro Alignment ETF has a 12 month low of $26.13 and a 12 month high of $31.90. The firm’s 50-day moving average is $31.01 and its 200-day moving average is $29.59.

GGM Macro Alignment ETF Company Profile

The GGM Macro Alignment ETF (GGM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that seeks long-term capital appreciation by dynamically shifting investments best suited for the prevailing macroeconomic environment. Holdings consist of five underlying ETFs representing distinct US equity market sectors, sub-sectors, and market styles, including fixed income. GGM was launched on Sep 27, 2023 and is issued by GGM.