ETC 6 Meridian Quality Growth ETF (NYSEARCA:SXQG) Short Interest Down 22.7% in August

ETC 6 Meridian Quality Growth ETF (NYSEARCA:SXQG) was the recipient of a significant decrease in short interest in the month of August. As of August 15th, there was short interest totaling 5,800 shares, a decrease of 22.7% from the July 31st total of 7,500 shares. Based on an average daily volume of 2,700 shares, the days-to-cover ratio is currently 2.1 days. Based on an average daily volume of 2,700 shares, the days-to-cover ratio is currently 2.1 days.

ETC 6 Meridian Quality Growth ETF Stock Up 0.1%

Shares of ETC 6 Meridian Quality Growth ETF stock opened at $33.40 on Wednesday. The stock has a market capitalization of $64.13 million, a P/E ratio of 28.56 and a beta of 1.07. The stock has a 50 day moving average price of $32.76 and a two-hundred day moving average price of $31.39. ETC 6 Meridian Quality Growth ETF has a 12-month low of $26.79 and a 12-month high of $33.42.

ETC 6 Meridian Quality Growth ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 29th. Shareholders of record on Thursday, August 28th were given a dividend of $0.0021 per share. The ex-dividend date of this dividend was Thursday, August 28th. This represents a c) dividend on an annualized basis and a yield of 0.1%.

ETC 6 Meridian Quality Growth ETF Company Profile

The ETC 6 Meridian Quality Growth ETF (SXQG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund of US-based companies that exhibit high quality and growth characteristics relative to their peers. SXQG was launched on May 10, 2021 and is managed by Meridian.