Hedgeye Quality Growth ETF (NYSEARCA:HGRO) Sees Significant Decrease in Short Interest

Hedgeye Quality Growth ETF (NYSEARCA:HGRO) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totaling 2,864 shares, a drop of 53.8% from the June 30th total of 6,194 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 36,831 shares, the short-interest ratio is presently 0.1 days.

Hedgeye Quality Growth ETF Stock Up 1.2%

HGRO stock traded up $0.35 during midday trading on Thursday, hitting $30.09. The company’s stock had a trading volume of 25,602 shares, compared to its average volume of 68,477. The company’s fifty day moving average price is $30.93 and its 200 day moving average price is $29.77. Hedgeye Quality Growth ETF has a twelve month low of $25.93 and a twelve month high of $31.85.

Institutional Trading of Hedgeye Quality Growth ETF

A hedge fund recently bought a new stake in Hedgeye Quality Growth ETF stock. Copia Wealth Management bought a new position in shares of Hedgeye Quality Growth ETF (NYSEARCA:HGRO) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 5,311 shares of the company’s stock, valued at approximately $151,000. Copia Wealth Management owned approximately 0.20% of Hedgeye Quality Growth ETF as of its most recent filing with the Securities & Exchange Commission.

About Hedgeye Quality Growth ETF

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.