Zacks Focus Growth ETF (BATS:GROZ) Short Interest Up 115.4% in May

Zacks Focus Growth ETF (BATS:GROZ) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 56,957 shares, a growth of 115.4% from the May 14th total of 26,442 shares. Based on an average daily trading volume, of 22,186 shares, the days-to-cover ratio is presently 2.6 days. Approximately 5.4% of the shares of the company are short sold.

Hedge Funds Weigh In On Zacks Focus Growth ETF

Institutional investors have recently modified their holdings of the stock. Paragon Private Wealth Management LLC lifted its holdings in shares of Zacks Focus Growth ETF by 28.8% in the 1st quarter. Paragon Private Wealth Management LLC now owns 9,081 shares of the company’s stock valued at $250,000 after buying an additional 2,028 shares during the period. PNC Financial Services Group Inc. acquired a new stake in Zacks Focus Growth ETF during the first quarter worth about $143,000. Sanctuary Advisors LLC acquired a new stake in Zacks Focus Growth ETF during the first quarter worth about $328,000. Axxcess Wealth Management LLC raised its position in Zacks Focus Growth ETF by 338.2% during the first quarter. Axxcess Wealth Management LLC now owns 48,577 shares of the company’s stock valued at $1,339,000 after acquiring an additional 37,492 shares in the last quarter. Finally, Revisor Wealth Management LLC raised its position in Zacks Focus Growth ETF by 113.0% during the first quarter. Revisor Wealth Management LLC now owns 15,397 shares of the company’s stock valued at $424,000 after acquiring an additional 8,169 shares in the last quarter.

Zacks Focus Growth ETF Price Performance

BATS:GROZ opened at $31.60 on Monday. The company’s fifty day moving average price is $30.92 and its 200-day moving average price is $29.93. Zacks Focus Growth ETF has a 1-year low of $25.02 and a 1-year high of $32.82. The firm has a market capitalization of $33.18 million and a P/E ratio of 35.67.

Zacks Focus Growth ETF Company Profile

The Zacks Focus Growth ETF (GROZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, aiming to provide long-term capital appreciation and minimize loss, through a portfolio of US large-cap growth stocks. Holdings are selected and weighted based on a proprietary AI tool combined with Zacks research. GROZ was launched on Dec 5, 2024 and is issued by Zacks.