Short Interest in Polen Capital Global Growth ETF (NYSEARCA:PCGG) Expands By 252.9%

Polen Capital Global Growth ETF (NYSEARCA:PCGG) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 69,154 shares, a growth of 252.9% from the January 15th total of 19,595 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 38,623 shares, the days-to-cover ratio is presently 1.8 days. Based on an average daily trading volume, of 38,623 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.4% of the shares of the company are short sold.

Polen Capital Global Growth ETF Stock Performance

Shares of PCGG stock remained flat at $10.70 during mid-day trading on Friday. The stock had a trading volume of 34,688 shares, compared to its average volume of 44,833. The firm’s 50-day moving average is $11.71 and its 200-day moving average is $12.04. The firm has a market capitalization of $168.20 million, a P/E ratio of 34.57 and a beta of 1.04. Polen Capital Global Growth ETF has a twelve month low of $9.86 and a twelve month high of $12.65.

Institutional Trading of Polen Capital Global Growth ETF

An institutional investor recently bought a new position in Polen Capital Global Growth ETF stock. Flow Traders U.S. LLC acquired a new position in shares of Polen Capital Global Growth ETF (NYSEARCA:PCGG) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 42,982 shares of the company’s stock, valued at approximately $514,000. Flow Traders U.S. LLC owned 0.28% of Polen Capital Global Growth ETF as of its most recent SEC filing.

Polen Capital Global Growth ETF Company Profile

The Polen Capital Global Growth ETF (PCGG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, high-conviction portfolio of companies that are perceived to have a sustainable competitive advantage and strong potential for above average earnings globally. PCGG was launched on Aug 30, 2023 and is issued by Polen.