Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) Short Interest Up 2,990.0% in May

Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 3,399 shares, a growth of 2,990.0% from the April 30th total of 110 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,704 shares, the short-interest ratio is currently 1.3 days.

Institutional Investors Weigh In On Day Hagan Smart Sector Fixed Income ETF

An institutional investor recently bought a new position in Day Hagan Smart Sector Fixed Income ETF stock. JPMorgan Chase & Co. acquired a new position in shares of Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 3,302 shares of the company’s stock, valued at approximately $71,000. JPMorgan Chase & Co. owned approximately 0.20% of Day Hagan Smart Sector Fixed Income ETF as of its most recent SEC filing.

Day Hagan Smart Sector Fixed Income ETF Price Performance

Shares of NYSEARCA:SSFI traded up $0.04 on Wednesday, reaching $21.38. 134,699 shares of the company traded hands, compared to its average volume of 23,023. The stock has a market capitalization of $22.02 million, a PE ratio of 7.26 and a beta of 0.26. The company’s 50 day moving average is $21.37 and its 200-day moving average is $21.53. Day Hagan Smart Sector Fixed Income ETF has a fifty-two week low of $21.07 and a fifty-two week high of $21.84.

Day Hagan Smart Sector Fixed Income ETF Company Profile

The Day Hagan\u002FNed Davis Research Smart Sector Fixed Income ETF (SSFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that uses a proprietary model to allocate exposure to fixed income sectors. SSFI was launched on Sep 29, 2021 and is managed by Day Hagan.