SGI Enhanced Core ETF (NASDAQ:USDX) Short Interest Up 250.0% in January

SGI Enhanced Core ETF (NASDAQ:USDXGet Free Report) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totalling 16,800 shares, a growth of 250.0% from the December 31st total of 4,800 shares. Based on an average daily volume of 52,200 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of 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:USDXFree Report) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 15,230 shares of the company’s stock, valued at approximately $396,000. Flow Traders U.S. LLC owned about 0.26% of SGI Enhanced Core ETF at the end of the most recent quarter.

SGI Enhanced Core ETF Stock Performance

Shares of SGI Enhanced Core ETF stock remained flat at $25.59 during trading on Friday. 1,028 shares of the stock traded hands, compared to its average volume of 189,916. SGI Enhanced Core ETF has a 52-week low of $23.92 and a 52-week high of $26.44. The company’s 50 day moving average price is $25.98 and its 200-day moving average price is $25.91.

SGI Enhanced Core ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, January 30th. Shareholders of record on Wednesday, January 29th were paid a $0.095 dividend. The ex-dividend date of this dividend was Wednesday, January 29th.

SGI Enhanced Core ETF Company Profile

(Get Free Report)

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.

Further Reading

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