SGI Enhanced Market Leaders ETF (NASDAQ:LDRX – Get Free Report) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 8,479 shares, an increase of 305.1% from the September 30th total of 2,093 shares. Based on an average daily trading volume, of 2,622 shares, the short-interest ratio is presently 3.2 days. Approximately 0.1% of the shares of the company are short sold.
SGI Enhanced Market Leaders ETF Stock Up 0.3%
LDRX stock traded up $0.11 during midday trading on Wednesday, reaching $37.08. The company had a trading volume of 6,281 shares, compared to its average volume of 8,781. The firm has a market capitalization of $257.33 million, a PE ratio of 20.50 and a beta of 1.13. The stock has a 50 day moving average price of $36.87 and a 200 day moving average price of $34.67. SGI Enhanced Market Leaders ETF has a fifty-two week low of $29.65 and a fifty-two week high of $37.69.
SGI Enhanced Market Leaders ETF Company Profile
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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