Gabelli Growth Innovators ETF (NYSEARCA:GGRW – Get Free Report) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 297 shares, an increase of 212.6% from the August 15th total of 95 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 290 shares, the short-interest ratio is presently 1.0 days.
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in Gabelli Growth Innovators ETF stock. Gamco Investors INC. ET AL bought a new stake in shares of Gabelli Growth Innovators ETF (NYSEARCA:GGRW – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 100,000 shares of the company’s stock, valued at approximately $3,526,000. Gamco Investors INC. ET AL owned approximately 58.82% of Gabelli Growth Innovators ETF at the end of the most recent reporting period.
Gabelli Growth Innovators ETF Price Performance
NYSEARCA GGRW traded up $0.38 on Friday, hitting $36.94. The stock had a trading volume of 169 shares, compared to its average volume of 742. The business’s fifty day moving average price is $37.40 and its 200 day moving average price is $36.19. The stock has a market cap of $7.39 million, a price-to-earnings ratio of 43.52 and a beta of 1.23. Gabelli Growth Innovators ETF has a 52-week low of $31.44 and a 52-week high of $38.72.
Gabelli Growth Innovators ETF Company Profile
The Gabelli Growth Innovators ETF (GGRW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, non-transparent fund that seeks growth of capital and income by targeting US-listed companies with high future earnings potential relative to their current market value and considered to be innovative in their industry. The fund utilizes the Precidian non-transparent model. GGRW was launched on Feb 16, 2021 and is managed by Gabelli.
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