Jensen Quality Growth ETF (NYSEARCA:JGRW) Sees Significant Decrease in Short Interest

Jensen Quality Growth ETF (NYSEARCA:JGRW) saw a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 9,968 shares, a drop of 40.7% from the December 31st total of 16,812 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 11,302 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily volume of 11,302 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the shares of the company are short sold.

Jensen Quality Growth ETF Trading Down 1.0%

Shares of NYSEARCA JGRW traded down $0.27 during midday trading on Friday, reaching $26.73. 2,577 shares of the company were exchanged, compared to its average volume of 12,769. The stock has a fifty day simple moving average of $27.07 and a 200 day simple moving average of $26.95. Jensen Quality Growth ETF has a 1 year low of $22.86 and a 1 year high of $27.60. The stock has a market cap of $124.29 million, a P/E ratio of 31.47 and a beta of 0.74.

Jensen Quality Growth ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, November 14th were issued a $0.0338 dividend. This represents a $0.14 dividend on an annualized basis and a yield of 0.5%. This is a boost from Jensen Quality Growth ETF’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Friday, November 14th.

Institutional Trading of Jensen Quality Growth ETF

An institutional investor recently raised its position in Jensen Quality Growth ETF stock. Kelleher Financial Advisors increased its stake in shares of Jensen Quality Growth ETF (NYSEARCA:JGRW) by 17.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 75,043 shares of the company’s stock after buying an additional 11,006 shares during the quarter. Kelleher Financial Advisors owned about 2.77% of Jensen Quality Growth ETF worth $2,048,000 at the end of the most recent quarter.

Jensen Quality Growth ETF Company Profile

The Jensen Quality Growth ETF (JGRW) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital growth through an actively managed portfolio of US stocks exhibiting growth and quality characteristics. JGRW was launched on Aug 13, 2024 and is issued by Jensen.