Short Interest in Zacks Focus Growth ETF (BATS:GROZ) Declines By 72.4%

Zacks Focus Growth ETF (BATS:GROZ) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 18,569 shares, a drop of 72.4% from the June 30th total of 67,314 shares. Based on an average daily volume of 19,749 shares, the short-interest ratio is currently 0.9 days. Currently, 1.8% of the company’s shares are sold short.

Zacks Focus Growth ETF Stock Performance

Shares of GROZ opened at $31.33 on Tuesday. Zacks Focus Growth ETF has a 52-week low of $26.43 and a 52-week high of $32.82. The business’s 50 day moving average price is $31.83 and its two-hundred day moving average price is $30.31. The firm has a market cap of $32.90 million and a PE ratio of 35.67.

Institutional Trading of Zacks Focus Growth ETF

Hedge funds have recently modified their holdings of the stock. CreativeOne Wealth LLC boosted its stake in Zacks Focus Growth ETF by 1.7% during the fourth quarter. CreativeOne Wealth LLC now owns 301,256 shares of the company’s stock worth $8,977,000 after acquiring an additional 5,153 shares in the last quarter. Arete Wealth Advisors LLC raised its holdings in shares of Zacks Focus Growth ETF by 3.3% during the fourth quarter. Arete Wealth Advisors LLC now owns 139,500 shares of the company’s stock valued at $4,157,000 after purchasing an additional 4,477 shares during the period. Prosperity Financial Group Inc. boosted its position in shares of Zacks Focus Growth ETF by 5.0% during the 4th quarter. Prosperity Financial Group Inc. now owns 132,834 shares of the company’s stock worth $3,958,000 after purchasing an additional 6,268 shares in the last quarter. Strive Financial Group LLC bought a new position in shares of Zacks Focus Growth ETF during the 4th quarter worth about $2,221,000. Finally, Strategic Blueprint LLC grew its stake in shares of Zacks Focus Growth ETF by 14.7% in the 4th quarter. Strategic Blueprint LLC now owns 65,714 shares of the company’s stock valued at $1,958,000 after buying an additional 8,434 shares during the period.

About Zacks Focus Growth ETF

The Zacks Focus Growth ETF (GROZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, aiming to provide long-term capital appreciation and minimize loss, through a portfolio of US large-cap growth stocks. Holdings are selected and weighted based on a proprietary AI tool combined with Zacks research. GROZ was launched on Dec 5, 2024 and is issued by Zacks.