Gabelli Growth Innovators ETF (NYSEARCA:GGRW) Short Interest Update

Gabelli Growth Innovators ETF (NYSEARCA:GGRW) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 457 shares, a growth of 87.3% from the April 15th total of 244 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 382 shares, the short-interest ratio is currently 1.2 days.

Institutional Trading of Gabelli Growth Innovators ETF

A hedge fund recently bought a new stake in Gabelli Growth Innovators ETF stock. Gamco Investors INC. ET AL bought a new position in Gabelli Growth Innovators ETF (NYSEARCA:GGRW) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 100,000 shares of the company’s stock, valued at approximately $3,526,000. Gamco Investors INC. ET AL owned approximately 58.82% of Gabelli Growth Innovators ETF as of its most recent SEC filing.

Gabelli Growth Innovators ETF Stock Performance

GGRW stock traded down $0.20 during trading on Monday, reaching $36.49. The company had a trading volume of 6,134 shares, compared to its average volume of 990. The firm has a 50-day simple moving average of $34.65 and a 200-day simple moving average of $34.97. The company has a market cap of $7.30 million, a price-to-earnings ratio of 43.52 and a beta of 1.25. Gabelli Growth Innovators ETF has a twelve month low of $31.00 and a twelve month high of $37.27.

About Gabelli Growth Innovators ETF

The Gabelli Growth Innovators ETF (GGRW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, non-transparent fund that seeks growth of capital and income by targeting US-listed companies with high future earnings potential relative to their current market value and considered to be innovative in their industry. The fund utilizes the Precidian non-transparent model. GGRW was launched on Feb 16, 2021 and is managed by Gabelli.