ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) Short Interest Update

ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 7,638 shares, a growth of 164.9% from the April 30th total of 2,883 shares. Based on an average trading volume of 1,103 shares, the short-interest ratio is presently 6.9 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Investors Weigh In On ETC 6 Meridian Small Cap Equity ETF

An institutional investor recently bought a new position in ETC 6 Meridian Small Cap Equity ETF stock. Wealth Alliance Advisory Group LLC purchased a new stake in shares of ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 14,118 shares of the company’s stock, valued at approximately $716,000. Wealth Alliance Advisory Group LLC owned about 0.64% of ETC 6 Meridian Small Cap Equity ETF as of its most recent filing with the Securities & Exchange Commission.

ETC 6 Meridian Small Cap Equity ETF Price Performance

SIXS stock traded down $0.36 during midday trading on Monday, reaching $53.80. 2,045 shares of the stock were exchanged, compared to its average volume of 3,733. ETC 6 Meridian Small Cap Equity ETF has a 52 week low of $45.77 and a 52 week high of $55.61. The company has a fifty day moving average price of $53.66 and a 200 day moving average price of $52.53. The stock has a market capitalization of $126.43 million, a PE ratio of 11.13 and a beta of 0.77.

ETC 6 Meridian Small Cap Equity ETF Company Profile

The ETC 6 Meridian Small Cap Equity ETF (SIXS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is a portfolio of US small-caps with low beta and value characteristics, actively selected from the S&P 600. SIXS was launched on May 11, 2020 and is managed by Meridian.