Short Interest in CoreValues Alpha Greater China Growth ETF (NYSEARCA:CGRO) Rises By 187.5%

CoreValues Alpha Greater China Growth ETF (NYSEARCA:CGRO) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 9,736 shares, a growth of 187.5% from the April 30th total of 3,387 shares. Based on an average daily volume of 980 shares, the days-to-cover ratio is presently 9.9 days. Currently, 12.2% of the company’s stock are sold short.

CoreValues Alpha Greater China Growth ETF Trading Down 0.6%

CGRO stock traded down $0.13 during midday trading on Friday, hitting $22.61. 3,515 shares of the company’s stock were exchanged, compared to its average volume of 1,050. The stock has a market capitalization of $1.81 million, a price-to-earnings ratio of 20.05 and a beta of 0.26. CoreValues Alpha Greater China Growth ETF has a 12-month low of $22.53 and a 12-month high of $32.22. The firm has a 50 day moving average price of $23.89 and a 200-day moving average price of $25.87.

About CoreValues Alpha Greater China Growth ETF

The CoreValues Alpha Greater China Growth ETF (CGRO) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital appreciation by actively investing in 30 to 40 Chinese companies operating in high-growth sectors. The portfolio is constructed using core values approach that considers US national security, American values, and national interests. CGRO was launched on Oct 16, 2023 and is issued by CoreValues Alpha.