Jensen Quality Growth ETF (NYSEARCA:JGRW) Sees Large Decrease in Short Interest

Jensen Quality Growth ETF (NYSEARCA:JGRW) was the recipient of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 7,891 shares, a decrease of 60.4% from the January 29th total of 19,915 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 27,154 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 27,154 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are sold short.

Jensen Quality Growth ETF Trading Down 0.2%

NYSEARCA JGRW opened at $26.18 on Friday. Jensen Quality Growth ETF has a 12-month low of $22.86 and a 12-month high of $27.60. The stock has a market capitalization of $122.00 million, a price-to-earnings ratio of 31.47 and a beta of 0.74. The business’s 50 day moving average is $26.67 and its two-hundred day moving average is $26.88.

Hedge Funds Weigh In On Jensen Quality Growth ETF

An institutional investor recently raised its position in Jensen Quality Growth ETF stock. SOL Capital Management CO increased its holdings in Jensen Quality Growth ETF (NYSEARCA:JGRW) by 64.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 384,506 shares of the company’s stock after buying an additional 150,616 shares during the quarter. Jensen Quality Growth ETF comprises 0.9% of SOL Capital Management CO’s portfolio, making the stock its 28th largest holding. SOL Capital Management CO owned about 8.27% of Jensen Quality Growth ETF worth $10,407,000 as of its most recent SEC filing.

About Jensen Quality Growth ETF

The Jensen Quality Growth ETF (JGRW) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital growth through an actively managed portfolio of US stocks exhibiting growth and quality characteristics. JGRW was launched on Aug 13, 2024 and is issued by Jensen.