SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) Short Interest Update

SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 25,736 shares, a growth of 238.1% from the April 30th total of 7,613 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 5,709 shares, the days-to-cover ratio is currently 4.5 days.

SGI Enhanced Market Leaders ETF Trading Up 0.2%

LDRX traded up $0.09 during trading on Friday, hitting $36.40. The stock had a trading volume of 938 shares, compared to its average volume of 12,961. The firm has a market cap of $246.79 million, a PE ratio of 20.50 and a beta of 1.09. SGI Enhanced Market Leaders ETF has a 12 month low of $27.68 and a 12 month high of $36.40. The company has a 50 day simple moving average of $33.37 and a 200-day simple moving average of $32.94.

SGI Enhanced Market Leaders ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 30th were given a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.4%. The ex-dividend date was Monday, March 30th.

SGI Enhanced Market Leaders ETF Company Profile

The SGI Enhanced Market Leaders ETF is an actively managed exchange-traded fund that seeks capital appreciation and current income. The fund primarily invests in large-capitalization companies listed within the Russell 1000® Index or S&P 500® Index, focusing on those considered “market leaders” based on strengthening business metrics and favorable quantitative factors. Additionally, the fund employs an options strategy, writing deep out-of-the-money put and call options with short durations (typically 1–7 days) to generate additional income.