SGI Dynamic Tactical ETF (NASDAQ:DYTA) Sees Significant Drop in Short Interest

SGI Dynamic Tactical ETF (NASDAQ:DYTA) was the target of a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 900 shares, a drop of 18.2% from the August 31st total of 1,100 shares. Based on an average daily trading volume, of 5,700 shares, the days-to-cover ratio is presently 0.2 days.

SGI Dynamic Tactical ETF Price Performance

Shares of NASDAQ DYTA traded down $0.06 during trading hours on Friday, hitting $30.82. 11,159 shares of the company’s stock were exchanged, compared to its average volume of 19,861. The company’s 50-day moving average price is $30.11 and its 200-day moving average price is $29.56. SGI Dynamic Tactical ETF has a 1-year low of $24.09 and a 1-year high of $31.00.

SGI Dynamic Tactical ETF Company Profile

The SGI Dynamic Tactical ETF (DYTA) is an exchange-traded fund that mostly invests in total market equity. The fund is an active fund-of-funds, a non-transparent ETF that seeks capital appreciation by investing in global equity securities while attempting to reduce risk by tactically changing exposure to other asset classes.