Day Hagan Smart Sector International ETF (NYSEARCA:SSXU) Sees Significant Increase in Short Interest

Day Hagan Smart Sector International ETF (NYSEARCA:SSXU) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 24,773 shares, an increase of 3,163.9% from the May 14th total of 759 shares. Based on an average daily trading volume, of 35,968 shares, the days-to-cover ratio is currently 0.7 days. Currently, 2.6% of the shares of the stock are sold short.

Day Hagan Smart Sector International ETF Stock Performance

Shares of Day Hagan Smart Sector International ETF stock remained flat at $35.34 during trading on Wednesday. 1,272 shares of the stock traded hands, compared to its average volume of 11,735. The business’s fifty day simple moving average is $35.89 and its two-hundred day simple moving average is $35.50. Day Hagan Smart Sector International ETF has a 1-year low of $30.63 and a 1-year high of $37.42. The firm has a market cap of $33.57 million, a P/E ratio of 16.57 and a beta of 0.67.

Day Hagan Smart Sector International ETF Company Profile

The Day Hagan\u002FNed Davis Research Smart Sector International ETF (SSXU) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed equity fund-of-funds that aims to outperform its benchmark by over and underweighting geographic regions outside of the US. SSXU was launched on Jul 1, 2022 and is managed by Day Hagan.