Short Interest in Hedgeye Quality Growth ETF (NYSEARCA:HGRO) Expands By 1,295.6%

Hedgeye Quality Growth ETF (NYSEARCA:HGRO) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 39,971 shares, an increase of 1,295.6% from the July 15th total of 2,864 shares. Approximately 1.0% of the shares of the stock are short sold. Based on an average trading volume of 50,064 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Hedgeye Quality Growth ETF stock. Copia Wealth Management bought a new stake in Hedgeye Quality Growth ETF (NYSEARCA:HGRO) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 5,311 shares of the company’s stock, valued at approximately $151,000. Copia Wealth Management owned 0.20% of Hedgeye Quality Growth ETF as of its most recent SEC filing.

Hedgeye Quality Growth ETF Stock Performance

Shares of NYSEARCA:HGRO traded down $0.17 during midday trading on Tuesday, hitting $30.94. The company’s stock had a trading volume of 29,781 shares, compared to its average volume of 66,253. Hedgeye Quality Growth ETF has a 12-month low of $26.04 and a 12-month high of $31.85. The business’s 50 day simple moving average is $30.82 and its 200 day simple moving average is $29.87.

Hedgeye Quality Growth ETF Company Profile

HGRO is an actively managed, large-cap U.S. equity ETF with approximately 40–50 high-conviction holdings. It focuses on three categories—Deep Moat Compounders, Innovators/Disruptors & S-Curve Beneficiaries, and Idiosyncratic Special Situations—to pursue long‑term capital appreciation. The fund is managed by veteran portfolio manager Sam Rahman, who brings over 30 years of investment experience.