Zacks Focus Growth ETF (BATS:GROZ) Sees Large Decrease in Short Interest
by Sarita Garza · The Markets DailyZacks Focus Growth ETF (BATS:GROZ – Get Free Report) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 18,569 shares, a decrease of 72.4% from the June 30th total of 67,314 shares. Based on an average trading volume of 19,749 shares, the days-to-cover ratio is presently 0.9 days. Approximately 1.8% of the company’s stock are short sold.
Zacks Focus Growth ETF Stock Performance
Shares of GROZ stock opened at $31.41 on Monday. Zacks Focus Growth ETF has a 52-week low of $26.43 and a 52-week high of $32.82. The company has a 50-day simple moving average of $31.84 and a two-hundred day simple moving average of $30.31. The company has a market capitalization of $32.98 million and a price-to-earnings ratio of 35.67.
Institutional Trading of Zacks Focus Growth ETF
A number of large investors have recently added to or reduced their stakes in GROZ. Advisory Services Network LLC grew its position in shares of Zacks Focus Growth ETF by 3.7% during the 2nd quarter. Advisory Services Network LLC now owns 14,799 shares of the company’s stock valued at $402,000 after acquiring an additional 523 shares during the period. Envestnet Asset Management Inc. bought a new position in Zacks Focus Growth ETF during the third quarter valued at $356,000. GeoWealth Management LLC grew its holdings in Zacks Focus Growth ETF by 349.8% during the third quarter. GeoWealth Management LLC now owns 21,655 shares of the company’s stock valued at $635,000 after purchasing an additional 16,841 shares during the period. Prosperity Financial Group Inc. increased its position in Zacks Focus Growth ETF by 4.8% in the third quarter. Prosperity Financial Group Inc. now owns 126,566 shares of the company’s stock worth $3,713,000 after buying an additional 5,790 shares during the last quarter. Finally, Susquehanna International Group LLP purchased a new stake in Zacks Focus Growth ETF in the third quarter worth $239,000.
Zacks Focus Growth ETF Company Profile
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.