Jensen Quality Growth ETF (NYSEARCA:JGRW) Shares Shorted: Short Interest Down 50.7% in September
by Michael Walen · The Markets DailyJensen Quality Growth ETF (NYSEARCA:JGRW – Get Free Report) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 256 shares, a drop of 50.7% from the September 15th total of 519 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 38,979 shares, the short-interest ratio is presently 0.0 days.
Jensen Quality Growth ETF Trading Down 0.5%
Shares of NYSEARCA JGRW traded down $0.15 during trading on Wednesday, reaching $28.19. 10,914 shares of the company traded hands, compared to its average volume of 17,774. The firm’s fifty day simple moving average is $28.01 and its 200 day simple moving average is $27.10. The stock has a market cap of $72.17 million, a P/E ratio of 31.47 and a beta of 0.82. Jensen Quality Growth ETF has a 12-month low of $23.59 and a 12-month high of $28.96.
Jensen Quality Growth ETF Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, September 21st. Stockholders of record on Friday, September 18th were paid a $0.0220 dividend. The ex-dividend date was Friday, September 18th. This is a negative change from Jensen Quality Growth ETF’s previous quarterly dividend of $0.0395. This represents a $0.09 dividend on an annualized basis and a dividend yield of 0.3%.
About Jensen Quality Growth ETF
The Jensen Quality Growth ETF (JGRW) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital growth through an actively managed portfolio of US stocks exhibiting growth and quality characteristics. JGRW was launched on Aug 13, 2024 and is issued by Jensen.