Polen Capital Global Growth ETF (NYSEARCA:PCGG) Short Interest Update

Polen Capital Global Growth ETF (NYSEARCA:PCGG) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 11,543 shares, a growth of 93.0% from the May 14th total of 5,980 shares. Based on an average daily trading volume, of 7,196 shares, the days-to-cover ratio is presently 1.6 days. Approximately 1.4% of the shares of the company are sold short.

Polen Capital Global Growth ETF Price Performance

NYSEARCA:PCGG traded up $0.14 during midday trading on Friday, reaching $10.83. The stock had a trading volume of 2,727 shares, compared to its average volume of 155,083. Polen Capital Global Growth ETF has a 1-year low of $9.70 and a 1-year high of $12.65. The firm’s fifty day simple moving average is $10.86 and its 200-day simple moving average is $11.15. The stock has a market capitalization of $8.77 million, a P/E ratio of 34.57 and a beta of 1.06.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Polen Capital Global Growth ETF stock. Flow Traders U.S. LLC raised its stake in Polen Capital Global Growth ETF (NYSEARCA:PCGG) by 301.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 172,580 shares of the company’s stock after purchasing an additional 129,598 shares during the period. Flow Traders U.S. LLC owned approximately 1.11% of Polen Capital Global Growth ETF worth $2,121,000 as of its most recent SEC filing.

About Polen Capital Global Growth ETF

The Polen Capital Global Growth ETF (PCGG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, high-conviction portfolio of companies that are perceived to have a sustainable competitive advantage and strong potential for above average earnings globally. PCGG was launched on Aug 30, 2023 and is issued by Polen.