SGI Enhanced Core ETF (NASDAQ:USDX) Sees Large Decrease in Short Interest

SGI Enhanced Core ETF (NASDAQ:USDX) was the target of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 11,600 shares, a decline of 56.6% from the January 31st total of 26,700 shares. Based on an average daily trading volume, of 119,200 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On SGI Enhanced Core ETF

A hedge fund recently bought a new stake in SGI Enhanced Core ETF stock. Flow Traders U.S. LLC acquired a new position in SGI Enhanced Core ETF (NASDAQ:USDX) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 15,230 shares of the company’s stock, valued at approximately $396,000. Flow Traders U.S. LLC owned 0.26% of SGI Enhanced Core ETF at the end of the most recent quarter.

SGI Enhanced Core ETF Trading Up 0.0 %

Shares of NASDAQ:USDX traded up $0.01 during midday trading on Monday, hitting $25.65. 17,203 shares of the company’s stock were exchanged, compared to its average volume of 159,042. The stock has a 50 day moving average price of $25.70 and a 200-day moving average price of $25.92. SGI Enhanced Core ETF has a 12 month low of $23.92 and a 12 month high of $26.44.

SGI Enhanced Core ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 27th. Shareholders of record on Wednesday, February 26th were given a $0.0937 dividend. The ex-dividend date of this dividend was Wednesday, February 26th.

About SGI Enhanced Core ETF

The SGI Enhanced Core ETF (USDX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund enhanced yield by actively managing a portfolio of high-yielding, ultra-short term fixed income instruments, while also employing a put-and-call options strategy. The fund seeks to generate additional income by selling short-term options.