SGI Enhanced Global Income ETF (NASDAQ:GINX) Short Interest Update

SGI Enhanced Global Income ETF (NASDAQ:GINX) saw a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 400 shares, a drop of 97.1% from the January 31st total of 13,700 shares. Based on an average daily volume of 15,500 shares, the short-interest ratio is presently 0.0 days.

SGI Enhanced Global Income ETF Stock Performance

Shares of NASDAQ:GINX traded up $0.18 during midday trading on Friday, hitting $27.36. The company’s stock had a trading volume of 9,423 shares, compared to its average volume of 17,557. The stock’s 50 day simple moving average is $26.44 and its 200 day simple moving average is $26.62. The stock has a market capitalization of $83.45 million, a price-to-earnings ratio of 13.92 and a beta of 0.82. SGI Enhanced Global Income ETF has a fifty-two week low of $24.22 and a fifty-two week high of $27.54.

SGI Enhanced Global Income ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Thursday, December 19th were issued a $0.5409 dividend. The ex-dividend date was Thursday, December 19th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SGI Enhanced Global Income ETF stock. Betterment LLC increased its stake in shares of SGI Enhanced Global Income ETF (NASDAQ:GINX) by 22.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,380 shares of the company’s stock after buying an additional 8,904 shares during the quarter. Betterment LLC owned 1.62% of SGI Enhanced Global Income ETF worth $1,272,000 at the end of the most recent reporting period.

About SGI Enhanced Global Income ETF

The SGI Global Enhanced Income ETF (GINX) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of global companies while employing a put-and-call options strategy. The fund seeks to generate income from dividends and selling short-term options. GINX was launched on Feb 29, 2024 and is issued by Summit Global Investments.