Jensen Quality Growth ETF (NYSEARCA:JGRW) Short Interest Update

Jensen Quality Growth ETF (NYSEARCA:JGRW) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 44,955 shares, a decline of 39.9% from the November 30th total of 74,744 shares. Currently, 1.7% of the shares of the company are short sold. Based on an average trading volume of 18,334 shares, the short-interest ratio is currently 2.5 days. Based on an average trading volume of 18,334 shares, the short-interest ratio is currently 2.5 days. Currently, 1.7% of the shares of the company are short sold.

Jensen Quality Growth ETF Price Performance

Shares of NYSEARCA:JGRW remained flat at $27.32 during midday trading on Monday. The stock had a trading volume of 37,939 shares, compared to its average volume of 25,086. The firm has a market capitalization of $74.04 million, a PE ratio of 31.47 and a beta of 0.74. The stock’s fifty day moving average is $27.01 and its 200 day moving average is $26.83. Jensen Quality Growth ETF has a 12 month low of $22.86 and a 12 month high of $27.60.

Jensen Quality Growth ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, November 14th were issued a $0.0338 dividend. This is an increase from Jensen Quality Growth ETF’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Friday, November 14th. This represents a $0.14 dividend on an annualized basis and a yield of 0.5%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Jensen Quality Growth ETF stock. SOL Capital Management CO raised its position in Jensen Quality Growth ETF (NYSEARCA:JGRW) by 4.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 233,890 shares of the company’s stock after acquiring an additional 9,135 shares during the period. SOL Capital Management CO owned about 8.63% of Jensen Quality Growth ETF worth $6,382,000 as of its most recent SEC filing.

Jensen Quality Growth ETF Company Profile

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.