Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) Short Interest Down 40.0% in June

Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 5,216 shares, a decrease of 40.0% from the May 31st total of 8,688 shares. Based on an average trading volume of 3,861 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.2% of the shares of the stock are short sold.

Strategas Global Policy Opportunities ETF Price Performance

SAGP remained flat at $36.18 during midday trading on Friday. 1,752 shares of the company’s stock traded hands, compared to its average volume of 7,826. The company has a market capitalization of $78.15 million, a P/E ratio of 20.47 and a beta of 0.74. The firm has a fifty day moving average price of $34.99 and a 200-day moving average price of $35.23. Strategas Global Policy Opportunities ETF has a 52-week low of $32.31 and a 52-week high of $36.84.

Institutional Trading of Strategas Global Policy Opportunities ETF

An institutional investor recently raised its stake in Strategas Global Policy Opportunities ETF stock. Jaffetilchin Investment Partners LLC boosted its position in Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) by 3.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 13,328 shares of the company’s stock after acquiring an additional 413 shares during the period. Jaffetilchin Investment Partners LLC owned 0.75% of Strategas Global Policy Opportunities ETF worth $452,000 as of its most recent SEC filing.

Strategas Global Policy Opportunities ETF Company Profile

The Strategas Global Policy Opportunities ETF (SAGP) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in various global stocks engaged in lobbying activities with the US federal government. SAGP was launched on Jan 24, 2022 and is managed by Strategas.