Zacks Focus Growth ETF (BATS:GROZ) Short Interest Up 115.4% in May

Zacks Focus Growth ETF (BATS:GROZ) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 56,957 shares, an increase of 115.4% from the May 14th total of 26,442 shares. Currently, 5.4% of the shares of the company are short sold. Based on an average daily volume of 22,186 shares, the short-interest ratio is presently 2.6 days.

Institutional Trading of Zacks Focus Growth ETF

Several hedge funds have recently added to or reduced their stakes in the company. Faithward Advisors LLC lifted its holdings in Zacks Focus Growth ETF by 5.0% during the 4th quarter. Faithward Advisors LLC now owns 9,310 shares of the company’s stock worth $277,000 after purchasing an additional 446 shares during the last quarter. Advisory Services Network LLC raised its holdings in Zacks Focus Growth ETF by 3.7% in the 2nd quarter. Advisory Services Network LLC now owns 14,799 shares of the company’s stock valued at $402,000 after acquiring an additional 523 shares in the last quarter. Alteri Wealth LLC raised its holdings in Zacks Focus Growth ETF by 4.3% in the 4th quarter. Alteri Wealth LLC now owns 14,475 shares of the company’s stock valued at $431,000 after acquiring an additional 597 shares in the last quarter. Rossby Financial LCC raised its holdings in Zacks Focus Growth ETF by 44.7% in the 4th quarter. Rossby Financial LCC now owns 2,429 shares of the company’s stock valued at $72,000 after acquiring an additional 750 shares in the last quarter. Finally, Navigation Wealth Management Inc. raised its holdings in Zacks Focus Growth ETF by 5.0% in the 4th quarter. Navigation Wealth Management Inc. now owns 16,182 shares of the company’s stock valued at $482,000 after acquiring an additional 777 shares in the last quarter.

Zacks Focus Growth ETF Trading Up 0.2%

BATS:GROZ opened at $31.60 on Friday. The stock has a market cap of $33.18 million and a P/E ratio of 35.67. The stock has a 50 day simple moving average of $30.92 and a 200 day simple moving average of $29.92. Zacks Focus Growth ETF has a 1-year low of $25.02 and a 1-year high of $32.82.

Zacks Focus Growth ETF Company Profile

The Zacks Focus Growth ETF (GROZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, aiming to provide long-term capital appreciation and minimize loss, through a portfolio of US large-cap growth stocks. Holdings are selected and weighted based on a proprietary AI tool combined with Zacks research. GROZ was launched on Dec 5, 2024 and is issued by Zacks.