SGI Enhanced Market Leaders ETF (NASDAQ:LDRX – Get Free Report) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 10,648 shares, a growth of 144.4% from the June 15th total of 4,356 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 5,404 shares, the short-interest ratio is presently 2.0 days.
SGI Enhanced Market Leaders ETF Trading Up 0.0%
NASDAQ LDRX traded up $0.01 on Tuesday, hitting $35.66. The company’s stock had a trading volume of 5,080 shares, compared to its average volume of 11,292. The firm has a market cap of $244.27 million, a P/E ratio of 20.50 and a beta of 1.16. SGI Enhanced Market Leaders ETF has a 52-week low of $29.51 and a 52-week high of $36.56. The company’s 50-day simple moving average is $35.49 and its 200 day simple moving average is $33.50.
SGI Enhanced Market Leaders ETF Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Monday, June 29th.
About SGI Enhanced Market Leaders ETF
The SGI Enhanced Market Leaders ETF is an actively managed exchange-traded fund that seeks capital appreciation and current income. The fund primarily invests in large-capitalization companies listed within the Russell 1000® Index or S&P 500® Index, focusing on those considered “market leaders” based on strengthening business metrics and favorable quantitative factors. Additionally, the fund employs an options strategy, writing deep out-of-the-money put and call options with short durations (typically 1–7 days) to generate additional income.
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