Short Interest in Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) Drops By 96.2%

Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIGGet Free Report) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 2,910 shares, a decrease of 96.2% from the May 31st total of 77,250 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 104,599 shares, the short-interest ratio is currently 0.0 days.

Bahl & Gaynor Income Growth ETF Price Performance

Shares of NYSEARCA:BGIG traded up $0.15 during trading on Thursday, reaching $35.56. 68,055 shares of the stock were exchanged, compared to its average volume of 97,085. Bahl & Gaynor Income Growth ETF has a 1-year low of $30.14 and a 1-year high of $35.91. The stock has a fifty day moving average of $35.02 and a two-hundred day moving average of $33.95. The firm has a market cap of $2.18 billion, a price-to-earnings ratio of 22.85 and a beta of 0.55.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. AdvisorNet Financial Inc bought a new stake in Bahl & Gaynor Income Growth ETF during the 1st quarter worth approximately $80,000. Anchor Investment Management LLC bought a new stake in Bahl & Gaynor Income Growth ETF during the first quarter worth $126,000. Lcnb Corp bought a new stake in shares of Bahl & Gaynor Income Growth ETF during the 4th quarter worth $226,000. Arkadios Wealth Advisors purchased a new position in Bahl & Gaynor Income Growth ETF in the first quarter valued at about $787,000. Finally, Janney Montgomery Scott LLC bought a new position in Bahl & Gaynor Income Growth ETF during the first quarter valued at $933,000.

About Bahl & Gaynor Income Growth ETF

(Get Free Report)

The Bahl & Gaynor Income Growth ETF (BGIG) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in US large cap companies with a reliable dividend stream. The fund uses a bottom-up approach to select companies that are perceived to have strong fundamentals BGIG was launched on Sep 15, 2023 and is issued by Bahl & Gaynor.

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