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

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

CoreValues Alpha Greater China Growth ETF Price Performance

NYSEARCA CGRO opened at $22.61 on Monday. CoreValues Alpha Greater China Growth ETF has a 1-year low of $22.53 and a 1-year high of $32.22. The stock has a 50-day moving average of $23.89 and a two-hundred day moving average of $25.84. The company has a market cap of $1.81 million, a P/E ratio of 20.05 and a beta of 0.26.

CoreValues Alpha Greater China Growth ETF Company Profile

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.