Short Interest in SGI Enhanced Global Income ETF (NASDAQ:GINX) Declines By 97.8%

SGI Enhanced Global Income ETF (NASDAQ:GINX) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 248 shares, a decline of 97.8% from the May 31st total of 11,173 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 6,579 shares, the days-to-cover ratio is presently 0.0 days.

SGI Enhanced Global Income ETF Stock Up 0.5%

GINX stock traded up $0.19 during midday trading on Thursday, hitting $34.86. The company’s stock had a trading volume of 8,250 shares, compared to its average volume of 12,722. The stock has a market cap of $94.82 million, a price-to-earnings ratio of 13.81 and a beta of 0.47. The stock’s 50-day moving average price is $34.46 and its 200 day moving average price is $33.36. SGI Enhanced Global Income ETF has a 1 year low of $27.62 and a 1 year high of $35.65.

SGI Enhanced Global Income ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 30th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Monday, March 30th.

SGI Enhanced Global Income ETF Company Profile

The SGI Global Enhanced Income ETF (GINX) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of global companies while employing a put-and-call options strategy. The fund seeks to generate income from dividends and selling short-term options. GINX was launched on Feb 29, 2024 and is issued by Summit Global Investments.