Conductor Global Equity Value ETF (NYSE:CGV) Short Interest Update

Conductor Global Equity Value ETF (NYSE:CGV) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 79,641 shares, a growth of 90.4% from the August 31st total of 41,820 shares. Currently, 0.9% of the shares of the stock are short sold. Based on an average daily volume of 34,442 shares, the short-interest ratio is presently 2.3 days.

Conductor Global Equity Value ETF Stock Performance

NYSE CGV opened at $15.88 on Tuesday. The stock’s fifty day moving average is $15.99 and its two-hundred day moving average is $15.94. The firm has a market capitalization of $137.08 million, a P/E ratio of 29.97 and a beta of 0.53. Conductor Global Equity Value ETF has a fifty-two week low of $14.15 and a fifty-two week high of $17.06.

Conductor Global Equity Value ETF Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Tuesday, September 29th will be issued a dividend of $0.0847 per share. The ex-dividend date is Tuesday, September 29th. This represents a $0.34 annualized dividend and a dividend yield of 2.1%. This is a drop from Conductor Global Equity Value ETF’s previous quarterly dividend of $0.1719. Conductor Global Equity Value ETF’s payout ratio is presently 141.51%.

About Conductor Global Equity Value ETF

The Conductor Global Equity Value ETF (CGV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of equity securities issued by companies globally, that exhibit value characteristics. Holdings are selected using technical, fundamental, and quantitative analyses. CGV was launched on Aug 1, 2022 and is managed by Conductor Fund.