GGM Macro Alignment ETF (NYSEARCA:GGM) Short Interest Update

GGM Macro Alignment ETF (NYSEARCA:GGM) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 342 shares, a growth of 388.6% from the April 15th total of 70 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 493 shares, the short-interest ratio is currently 0.7 days.

GGM Macro Alignment ETF Trading Up 0.4%

NYSEARCA:GGM opened at $28.89 on Wednesday. The firm has a market capitalization of $17.91 million, a price-to-earnings ratio of 23.78 and a beta of 0.64. GGM Macro Alignment ETF has a 1-year low of $25.33 and a 1-year high of $29.70. The business’s fifty day moving average price is $28.44 and its 200 day moving average price is $28.06.

About GGM Macro Alignment ETF

The GGM Macro Alignment ETF (GGM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that seeks long-term capital appreciation by dynamically shifting investments best suited for the prevailing macroeconomic environment. Holdings consist of five underlying ETFs representing distinct US equity market sectors, sub-sectors, and market styles, including fixed income. GGM was launched on Sep 27, 2023 and is issued by GGM.