Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) Short Interest Update

Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 77,250 shares, a growth of 267.7% from the May 14th total of 21,009 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 154,581 shares, the days-to-cover ratio is presently 0.5 days.

Bahl & Gaynor Income Growth ETF Stock Performance

Shares of BGIG traded up $0.30 during midday trading on Thursday, hitting $35.35. The company had a trading volume of 92,600 shares, compared to its average volume of 95,969. The company’s 50-day simple moving average is $34.68 and its 200-day simple moving average is $33.74. The firm has a market capitalization of $2.17 billion, a P/E ratio of 22.85 and a beta of 0.55. Bahl & Gaynor Income Growth ETF has a 1 year low of $29.77 and a 1 year high of $35.55.

Hedge Funds Weigh In On Bahl & Gaynor Income Growth ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Lcnb Corp acquired a new stake in shares of Bahl & Gaynor Income Growth ETF during the 4th quarter worth about $226,000. AdvisorNet Financial Inc acquired a new stake in shares of Bahl & Gaynor Income Growth ETF during the 1st quarter worth about $80,000. Janney Montgomery Scott LLC acquired a new stake in shares of Bahl & Gaynor Income Growth ETF during the 1st quarter worth about $933,000. Anchor Investment Management LLC acquired a new stake in shares of Bahl & Gaynor Income Growth ETF during the 1st quarter worth about $126,000. Finally, Arkadios Wealth Advisors acquired a new stake in shares of Bahl & Gaynor Income Growth ETF during the 1st quarter worth about $787,000.

About Bahl & Gaynor Income Growth ETF

The Bahl & Gaynor Income Growth ETF (BGIG) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in US large cap companies with a reliable dividend stream. The fund uses a bottom-up approach to select companies that are perceived to have strong fundamentals BGIG was launched on Sep 15, 2023 and is issued by Bahl & Gaynor.