SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) Short Interest Update

SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 1,061 shares, a drop of 91.2% from the July 15th total of 12,081 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 37,609 shares, the days-to-cover ratio is presently 0.0 days.

SGI Enhanced Nasdaq-100 ETF Price Performance

SGI Enhanced Nasdaq-100 ETF stock traded up $0.47 during trading hours on Thursday, hitting $32.60. The company had a trading volume of 6,341 shares, compared to its average volume of 15,857. The firm has a market capitalization of $95.52 million, a P/E ratio of 46.85 and a beta of 1.37. The firm’s fifty day moving average is $31.66 and its 200-day moving average is $29.54. SGI Enhanced Nasdaq-100 ETF has a fifty-two week low of $24.75 and a fifty-two week high of $33.25.

SGI Enhanced Nasdaq-100 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were issued a dividend of $0.08 per share. The ex-dividend date was Monday, June 29th. This represents a $0.32 annualized dividend and a dividend yield of 1.0%. This is an increase from SGI Enhanced Nasdaq-100 ETF’s previous quarterly dividend of $0.06.

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.