Jensen Quality Growth ETF (NYSEARCA:JGRW) Short Interest Update

Jensen Quality Growth ETF (NYSEARCA:JGRW) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 16,812 shares, a decrease of 62.6% from the December 15th total of 44,955 shares. Based on an average trading volume of 37,428 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.4% of the company’s shares are sold short. Approximately 0.4% of the company’s shares are sold short. Based on an average trading volume of 37,428 shares, the days-to-cover ratio is presently 0.4 days.

Jensen Quality Growth ETF Trading Down 0.8%

Jensen Quality Growth ETF stock traded down $0.21 during trading on Wednesday, hitting $27.01. The company had a trading volume of 15,472 shares, compared to its average volume of 11,830. The stock has a market cap of $125.60 million, a price-to-earnings ratio of 31.47 and a beta of 0.74. Jensen Quality Growth ETF has a 1-year low of $22.86 and a 1-year high of $27.60. The company’s 50 day simple moving average is $27.02 and its 200-day simple moving average is $26.92.

Jensen Quality Growth ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Friday, November 14th were issued a $0.0338 dividend. The ex-dividend date was Friday, November 14th. This represents a $0.14 annualized dividend and a dividend yield of 0.5%. This is a boost from Jensen Quality Growth ETF’s previous quarterly dividend of $0.02.

Hedge Funds Weigh In On Jensen Quality Growth ETF

A hedge fund recently raised its stake in Jensen Quality Growth ETF stock. Kelleher Financial Advisors grew its holdings in shares of Jensen Quality Growth ETF (NYSEARCA:JGRW) by 17.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 75,043 shares of the company’s stock after purchasing an additional 11,006 shares during the period. Kelleher Financial Advisors owned about 2.77% of Jensen Quality Growth ETF worth $2,048,000 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.