Short Interest in Zacks Focus Growth ETF (BATS:GROZ) Declines By 50.8%

Zacks Focus Growth ETF (BATS:GROZ) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 12,773 shares, a drop of 50.8% from the August 15th total of 25,937 shares. Currently, 1.2% of the shares of the company are short sold. Based on an average daily volume of 19,208 shares, the short-interest ratio is presently 0.7 days.

Hedge Funds Weigh In On Zacks Focus Growth ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Unique Wealth LLC increased its position in Zacks Focus Growth ETF by 33.7% during the second quarter. Unique Wealth LLC now owns 29,789 shares of the company’s stock worth $870,000 after acquiring an additional 7,506 shares during the period. Strive Financial Group LLC boosted its holdings in Zacks Focus Growth ETF by 322.3% in the 2nd quarter. Strive Financial Group LLC now owns 345,021 shares of the company’s stock valued at $10,965,000 after purchasing an additional 263,324 shares during the period. Carter Financial Group INC. grew its position in shares of Zacks Focus Growth ETF by 8.3% during the 2nd quarter. Carter Financial Group INC. now owns 20,026 shares of the company’s stock worth $585,000 after purchasing an additional 1,528 shares in the last quarter. Paragon Private Wealth Management LLC grew its position in shares of Zacks Focus Growth ETF by 8.1% during the 2nd quarter. Paragon Private Wealth Management LLC now owns 9,817 shares of the company’s stock worth $312,000 after purchasing an additional 736 shares in the last quarter. Finally, GK Wealth Management LLC bought a new position in shares of Zacks Focus Growth ETF during the second quarter worth approximately $695,000.

Zacks Focus Growth ETF Price Performance

GROZ opened at $32.51 on Wednesday. The business has a fifty day simple moving average of $32.55 and a 200 day simple moving average of $31.11. Zacks Focus Growth ETF has a 1 year low of $26.43 and a 1 year high of $33.69. The company has a market capitalization of $34.14 million and a PE ratio of 35.67.

About Zacks Focus Growth ETF

The Zacks Focus Growth ETF (GROZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, aiming to provide long-term capital appreciation and minimize loss, through a portfolio of US large-cap growth stocks. Holdings are selected and weighted based on a proprietary AI tool combined with Zacks research. GROZ was launched on Dec 5, 2024 and is issued by Zacks.