Short Interest in Guru Favorite Stocks ETF (NASDAQ:GFGF) Declines By 20.5%

Guru Favorite Stocks ETF (NASDAQ:GFGF) saw a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 225 shares, a decrease of 20.5% from the February 12th total of 283 shares. Based on an average trading volume of 265 shares, the short-interest ratio is presently 0.8 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 265 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of Guru Favorite Stocks ETF

A hedge fund recently raised its stake in Guru Favorite Stocks ETF stock. Royal Bank of Canada raised its position in shares of Guru Favorite Stocks ETF (NASDAQ:GFGF) by 96.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,750 shares of the company’s stock after buying an additional 6,269 shares during the quarter. Royal Bank of Canada owned 1.20% of Guru Favorite Stocks ETF worth $390,000 at the end of the most recent quarter.

Guru Favorite Stocks ETF Trading Down 0.1%

Shares of NASDAQ GFGF traded down $0.02 during mid-day trading on Friday, reaching $32.25. The company had a trading volume of 298 shares, compared to its average volume of 690. The company has a 50-day moving average price of $34.43 and a two-hundred day moving average price of $34.35. The stock has a market cap of $34.19 million, a PE ratio of 31.06 and a beta of 1.06. Guru Favorite Stocks ETF has a 1-year low of $27.85 and a 1-year high of $36.15.

Guru Favorite Stocks ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were given a $0.0752 dividend. The ex-dividend date was Tuesday, December 23rd. This represents a dividend yield of 21.0%.

Guru Favorite Stocks ETF Company Profile

The Guru Favorite Stocks ETF Guru Favorite Stocks Fund (GFGF) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US-listed companies that are favored by prominent long-term investors. GFGF was launched on Dec 16, 2021 and is managed by Alpha Architect.