Short Interest in ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) Rises By ?

ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 1,142 shares, an increase of ? from the August 15th total of 0 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 3,114 shares, the days-to-cover ratio is presently 0.4 days.

ETC 6 Meridian Low Beta Equity Strategy ETF Trading Up 0.7%

ETC 6 Meridian Low Beta Equity Strategy ETF stock opened at $39.32 on Tuesday. ETC 6 Meridian Low Beta Equity Strategy ETF has a 1-year low of $35.69 and a 1-year high of $40.92. The firm has a market capitalization of $194.63 million, a PE ratio of 17.82 and a beta of 0.55. The firm’s 50 day simple moving average is $39.90 and its 200 day simple moving average is $38.93.

ETC 6 Meridian Low Beta Equity Strategy ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 31st. Shareholders of record on Wednesday, July 29th were paid a $0.0564 dividend. This represents a c) dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Wednesday, July 29th.

About ETC 6 Meridian Low Beta Equity Strategy ETF

The ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of US stocks selected for fundamental factors of growth and low volatility. Securities are equally weighted. SIXL was launched on May 11, 2020 and is managed by Meridian.