CoreValues Alpha Greater China Growth ETF (NYSEARCA:CGRO) Sees Significant Growth in Short Interest

CoreValues Alpha Greater China Growth ETF (NYSEARCA:CGRO) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 34 shares, an increase of 161.5% from the September 15th total of 13 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 504 shares, the days-to-cover ratio is presently 0.1 days.

CoreValues Alpha Greater China Growth ETF Price Performance

Shares of NYSEARCA:CGRO traded down $0.15 during midday trading on Monday, reaching $16.30. 7 shares of the company’s stock were exchanged, compared to its average volume of 998. The firm’s 50 day simple moving average is $20.86 and its two-hundred day simple moving average is $22.08. The stock has a market cap of $1.63 million, a price-to-earnings ratio of 20.05 and a beta of 0.23. CoreValues Alpha Greater China Growth ETF has a fifty-two week low of $15.86 and a fifty-two week high of $30.98.

CoreValues Alpha Greater China Growth ETF Dividend Announcement

The business also recently announced a special dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 29th were paid a dividend of $4.1747 per share. The ex-dividend date of this dividend was Tuesday, September 29th.

About CoreValues Alpha Greater China Growth ETF

The CoreValues Alpha Greater China Growth ETF (CGRO) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital appreciation by actively investing in 30 to 40 Chinese companies operating in high-growth sectors. The portfolio is constructed using core values approach that considers US national security, American values, and national interests. CGRO was launched on Oct 16, 2023 and is issued by CoreValues Alpha.