Conductor Global Equity Value ETF (NYSE:CGV) Shares Shorted: Short Interest Down 60.1% in September

Conductor Global Equity Value ETF (NYSE:CGV) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 31,790 shares, a decline of 60.1% from the September 15th total of 79,641 shares. Based on an average daily volume of 16,335 shares, the short-interest ratio is presently 1.9 days. Currently, 0.4% of the shares of the stock are sold short.

Conductor Global Equity Value ETF Trading Up 0.3%

NYSE:CGV traded up $0.05 during mid-day trading on Thursday, reaching $15.76. 2,749 shares of the stock were exchanged, compared to its average volume of 22,307. Conductor Global Equity Value ETF has a 1-year low of $14.17 and a 1-year high of $17.06. The firm has a market capitalization of $136.52 million, a PE ratio of 29.74 and a beta of 0.54. The business has a fifty day moving average price of $16.04 and a 200 day moving average price of $15.97.

Conductor Global Equity Value ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Tuesday, September 29th were paid a dividend of $0.0847 per share. This is a drop from Conductor Global Equity Value ETF’s previous quarterly dividend of $0.1719. This represents a $0.34 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, September 29th. Conductor Global Equity Value ETF’s dividend payout ratio (DPR) is currently 150.94%.

About Conductor Global Equity Value ETF

The Conductor Global Equity Value ETF (CGV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of equity securities issued by companies globally, that exhibit value characteristics. Holdings are selected using technical, fundamental, and quantitative analyses. CGV was launched on Aug 1, 2022 and is managed by Conductor Fund.