GGM Macro Alignment ETF (NYSEARCA:GGM) Stock Short Interest Declines 95.9%

GGM Macro Alignment ETF (NYSEARCA:GGM) was the recipient of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 365 shares, a drop of 95.9% from the September 15th total of 8,957 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 1,644 shares, the short-interest ratio is presently 0.2 days.

GGM Macro Alignment ETF Trading Up 0.6%

Shares of GGM Macro Alignment ETF stock traded up $0.17 during trading hours on Friday, reaching $30.96. The stock had a trading volume of 419 shares, compared to its average volume of 1,445. GGM Macro Alignment ETF has a twelve month low of $26.13 and a twelve month high of $31.90. The firm has a market capitalization of $20.43 million, a PE ratio of 23.78 and a beta of 0.58. The stock’s 50 day moving average is $31.33 and its 200 day moving average is $29.93.

GGM Macro Alignment ETF Company Profile

The GGM Macro Alignment ETF (GGM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that seeks long-term capital appreciation by dynamically shifting investments best suited for the prevailing macroeconomic environment. Holdings consist of five underlying ETFs representing distinct US equity market sectors, sub-sectors, and market styles, including fixed income. GGM was launched on Sep 27, 2023 and is issued by GGM.