SGI Dynamic Tactical ETF (NASDAQ:DYTA) Sees Significant Decrease in Short Interest

SGI Dynamic Tactical ETF (NASDAQ:DYTA) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totalling 5,000 shares, a decrease of 34.2% from the April 30th total of 7,600 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 13,000 shares, the days-to-cover ratio is presently 0.4 days.

SGI Dynamic Tactical ETF Trading Down 0.0%

Shares of DYTA traded down $0.01 during midday trading on Friday, reaching $27.65. The stock had a trading volume of 2,214 shares, compared to its average volume of 9,410. The company’s 50-day moving average is $27.27 and its 200 day moving average is $28.59. SGI Dynamic Tactical ETF has a 12-month low of $26.22 and a 12-month high of $32.36. The company has a market capitalization of $61.66 million, a price-to-earnings ratio of 21.31 and a beta of 0.88.

About SGI Dynamic Tactical ETF

The SGI Dynamic Tactical ETF (DYTA) is an exchange-traded fund that mostly invests in total market equity. The fund is an active fund-of-funds, a non-transparent ETF that seeks capital appreciation by investing in global equity securities while attempting to reduce risk by tactically changing exposure to other asset classes.