CoreValues Alpha Greater China Growth ETF (NYSEARCA:CGRO) Sees Large Increase in Short Interest

CoreValues Alpha Greater China Growth ETF (NYSEARCA:CGRO) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 3,165 shares, a growth of 163.5% from the June 15th total of 1,201 shares. Currently, 3.2% of the shares of the company are sold short. Based on an average trading volume of 1,017 shares, the days-to-cover ratio is presently 3.1 days.

CoreValues Alpha Greater China Growth ETF Stock Up 2.4%

CGRO traded up $0.52 during trading hours on Wednesday, hitting $22.02. The stock had a trading volume of 556 shares, compared to its average volume of 1,182. CoreValues Alpha Greater China Growth ETF has a 1 year low of $19.79 and a 1 year high of $32.22. The company’s fifty day simple moving average is $22.15 and its 200 day simple moving average is $24.32. The stock has a market cap of $2.20 million, a PE ratio of 20.05 and a beta of 0.26.

About CoreValues Alpha Greater China Growth ETF

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.