Polen Capital Global Growth ETF (NYSEARCA:PCGG) Sees Large Increase in Short Interest

Polen Capital Global Growth ETF (NYSEARCA:PCGG) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 73,400 shares, a growth of 5,142.9% from the September 30th total of 1,400 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average trading volume of 37,300 shares, the days-to-cover ratio is currently 2.0 days. Based on an average trading volume of 37,300 shares, the days-to-cover ratio is currently 2.0 days. Currently, 0.5% of the shares of the stock are short sold.

Polen Capital Global Growth ETF Price Performance

Shares of NYSEARCA:PCGG opened at $12.59 on Wednesday. The business’s 50 day simple moving average is $12.33 and its 200-day simple moving average is $11.93. The firm has a market capitalization of $195.40 million, a price-to-earnings ratio of 34.57 and a beta of 1.04. Polen Capital Global Growth ETF has a 12 month low of $9.86 and a 12 month high of $12.65.

Institutional Investors Weigh In On Polen Capital Global Growth ETF

A hedge fund recently bought a new stake in Polen Capital Global Growth ETF stock. Flow Traders U.S. LLC purchased a new position in shares of Polen Capital Global Growth ETF (NYSEARCA:PCGG) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 42,982 shares of the company’s stock, valued at approximately $514,000. Flow Traders U.S. LLC owned approximately 0.28% of Polen Capital Global Growth ETF at the end of the most recent reporting period.

Polen Capital Global Growth ETF Company Profile

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.