Gabelli Growth Innovators ETF (NYSEARCA:GGRW – Get Free Report) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 457 shares, an increase of 87.3% from the April 15th total of 244 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 382 shares, the short-interest ratio is presently 1.2 days.
Institutional Trading of Gabelli Growth Innovators ETF
A hedge fund recently bought a new stake in Gabelli Growth Innovators ETF stock. Gamco Investors INC. ET AL bought a new stake in shares of Gabelli Growth Innovators ETF (NYSEARCA:GGRW – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 100,000 shares of the company’s stock, valued at approximately $3,526,000. Gamco Investors INC. ET AL owned about 58.82% of Gabelli Growth Innovators ETF at the end of the most recent reporting period.
Gabelli Growth Innovators ETF Stock Performance
Shares of NYSEARCA:GGRW traded down $0.58 during trading on Friday, reaching $36.69. The company had a trading volume of 152 shares, compared to its average volume of 935. The firm’s fifty day moving average is $34.61 and its 200 day moving average is $34.98. The firm has a market capitalization of $7.34 million, a PE ratio of 43.52 and a beta of 1.25. Gabelli Growth Innovators ETF has a twelve month low of $31.00 and a twelve month high of $37.27.
About Gabelli Growth Innovators ETF
The Gabelli Growth Innovators ETF (GGRW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, non-transparent fund that seeks growth of capital and income by targeting US-listed companies with high future earnings potential relative to their current market value and considered to be innovative in their industry. The fund utilizes the Precidian non-transparent model. GGRW was launched on Feb 16, 2021 and is managed by Gabelli.
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