Guru Favorite Stocks ETF (NASDAQ:GFGF) Short Interest Update

Guru Favorite Stocks ETF (NASDAQ:GFGF) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 134 shares, a decrease of 49.2% from the July 30th total of 264 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 6,677 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Guru Favorite Stocks ETF stock. Royal Bank of Canada raised its stake in shares of Guru Favorite Stocks ETF (NASDAQ:GFGF) by 96.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,750 shares of the company’s stock after buying an additional 6,269 shares during the quarter. Royal Bank of Canada owned about 1.20% of Guru Favorite Stocks ETF worth $390,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Guru Favorite Stocks ETF Price Performance

Shares of NASDAQ:GFGF traded up $0.06 during trading on Friday, hitting $37.01. 18 shares of the company’s stock were exchanged, compared to its average volume of 1,349. Guru Favorite Stocks ETF has a 52-week low of $30.65 and a 52-week high of $37.01. The business’s 50-day simple moving average is $36.01 and its 200 day simple moving average is $34.63. The company has a market cap of $38.12 million, a price-to-earnings ratio of 31.06 and a beta of 1.05.

Guru Favorite Stocks ETF Company Profile

The Guru Favorite Stocks ETF Guru Favorite Stocks Fund (GFGF) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US-listed companies that are favored by prominent long-term investors. GFGF was launched on Dec 16, 2021 and is managed by Alpha Architect.