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

Jensen Quality Growth ETF (NYSEARCA:JGRW) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 7,200 shares, a drop of 27.3% from the August 31st total of 9,900 shares. Based on an average daily trading volume, of 7,600 shares, the short-interest ratio is currently 0.9 days. Based on an average daily trading volume, of 7,600 shares, the short-interest ratio is currently 0.9 days.

Jensen Quality Growth ETF Price Performance

Shares of JGRW opened at $27.38 on Tuesday. The company has a market capitalization of $77.76 million and a P/E ratio of 31.47. Jensen Quality Growth ETF has a one year low of $22.86 and a one year high of $27.50. The business’s 50 day simple moving average is $26.91 and its 200-day simple moving average is $26.13.

Jensen Quality Growth ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, September 12th were issued a dividend of $0.0173 per share. This represents a $0.07 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Friday, September 12th.

Institutional Trading of Jensen Quality Growth ETF

An institutional investor recently raised its position in Jensen Quality Growth ETF stock. SOL Capital Management CO raised its stake in Jensen Quality Growth ETF (NYSEARCA:JGRW) by 210.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 144,582 shares of the company’s stock after acquiring an additional 98,062 shares during the quarter. SOL Capital Management CO owned about 3.90% of Jensen Quality Growth ETF worth $3,684,000 as of its most recent filing with the Securities and Exchange Commission.

Jensen Quality Growth ETF Company Profile

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.