Polen Capital Global Growth ETF (NYSEARCA:PCGG) Short Interest Down 13.3% in February

Polen Capital Global Growth ETF (NYSEARCA:PCGG) was the recipient of a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 54,589 shares, a decline of 13.3% from the February 12th total of 62,981 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 42,730 shares, the short-interest ratio is currently 1.3 days. Based on an average daily trading volume, of 42,730 shares, the short-interest ratio is currently 1.3 days. Currently, 0.3% of the company’s shares are short sold.

Hedge Funds Weigh In On Polen Capital Global Growth ETF

A hedge fund recently raised its stake in Polen Capital Global Growth ETF stock. Flow Traders U.S. LLC boosted its holdings in shares of Polen Capital Global Growth ETF (NYSEARCA:PCGG) by 301.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 172,580 shares of the company’s stock after purchasing an additional 129,598 shares during the quarter. Flow Traders U.S. LLC owned about 1.11% of Polen Capital Global Growth ETF worth $2,121,000 at the end of the most recent quarter.

Polen Capital Global Growth ETF Stock Performance

Shares of PCGG traded down $0.01 during midday trading on Tuesday, hitting $10.57. 38,584 shares of the stock were exchanged, compared to its average volume of 334,540. The firm has a market cap of $166.16 million, a P/E ratio of 34.57 and a beta of 1.04. The stock has a fifty day simple moving average of $11.22 and a 200 day simple moving average of $11.83. Polen Capital Global Growth ETF has a 52-week low of $9.86 and a 52-week high of $12.65.

Polen Capital Global Growth ETF Company Profile

The Polen Capital Global Growth ETF (PCGG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, high-conviction portfolio of companies that are perceived to have a sustainable competitive advantage and strong potential for above average earnings globally. PCGG was launched on Aug 30, 2023 and is issued by Polen.