U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) Shares Shorted: Short Interest Up 152.0% in October

U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 21,925 shares, a growth of 152.0% from the September 30th total of 8,700 shares. Based on an average daily trading volume, of 22,861 shares, the days-to-cover ratio is currently 1.0 days. Currently, 2.4% of the shares of the company are sold short.

U.S. Global Sea to Sky Cargo ETF Trading Up 1.0%

Shares of U.S. Global Sea to Sky Cargo ETF stock opened at $21.56 on Friday. The firm has a fifty day simple moving average of $20.46 and a 200-day simple moving average of $17.88. The stock has a market capitalization of $19.40 million, a price-to-earnings ratio of 4.44 and a beta of 0.80. U.S. Global Sea to Sky Cargo ETF has a 1-year low of $14.21 and a 1-year high of $21.95.

U.S. Global Sea to Sky Cargo ETF Company Profile

Guggenheim Shipping ETF (the Fund) seeks investment results that correspond generally to the performance of Delta Global Shipping Index (the Index). The Index is designed to measure the performance of companies listed on global developed market exchanges and consists of companies within the maritime shipping industry. The index provider, Delta Global Indices, LLC, defines the shipping industry to include companies within the business segments of the maritime shipping industry, such as companies deriving revenue from the seaborne transport of dry bulk goods and the leasing and/or operating of tanker ships, container ships, specialty chemical ships and ships that transport liquid natural gas (LNG) or dry bulk goods.