SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) Shares Shorted: Short Interest Down 77.2% in October

SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 3,732 shares, a drop of 77.2% from the September 30th total of 16,394 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 6,574 shares, the days-to-cover ratio is currently 0.6 days.

SGI Enhanced Nasdaq-100 ETF Trading Up 0.5%

SGI Enhanced Nasdaq-100 ETF stock traded up $0.15 on Wednesday, reaching $32.27. 9,516 shares of the stock were exchanged, compared to its average volume of 13,574. The stock has a market cap of $84.55 million, a PE ratio of 46.85 and a beta of 1.35. SGI Enhanced Nasdaq-100 ETF has a twelve month low of $24.75 and a twelve month high of $33.91. The firm has a fifty day moving average price of $32.26 and a two-hundred day moving average price of $30.16.

SGI Enhanced Nasdaq-100 ETF Company Profile

The SGI Enhanced Nasdaq 100 ETF (QXQ) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages a portfolio of Nasdaq-listed companies while employing a put-and-call options writing strategy. The fund seeks to generate income from selling short-term options against broad market indices QXQ was launched on Jun 14, 2024 and is issued by Summit Global Investments.