SGI Enhanced Core ETF (NASDAQ:USDX) Short Interest Update

SGI Enhanced Core ETF (NASDAQ:USDXGet Free Report) saw a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 11,400 shares, a growth of 32.6% from the October 15th total of 8,600 shares. Based on an average daily trading volume, of 36,000 shares, the short-interest ratio is currently 0.3 days.

SGI Enhanced Core ETF Price Performance

Shares of NASDAQ:USDX opened at $26.19 on Friday. The firm has a fifty day moving average of $26.01 and a two-hundred day moving average of $25.70. SGI Enhanced Core ETF has a 12-month low of $23.92 and a 12-month high of $26.24.

SGI Enhanced Core ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Tuesday, October 1st were paid a dividend of $0.083 per share. This represents a $0.33 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date was Tuesday, October 1st.

Institutional Investors Weigh In On SGI Enhanced Core ETF

A hedge fund recently bought a new stake in SGI Enhanced Core ETF stock. Flow Traders U.S. LLC acquired a new stake in SGI Enhanced Core ETF (NASDAQ:USDXFree Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 15,230 shares of the company’s stock, valued at approximately $396,000. Flow Traders U.S. LLC owned about 0.26% of SGI Enhanced Core ETF at the end of the most recent quarter.

About SGI Enhanced Core ETF

(Get Free Report)

The SGI Enhanced Core ETF (USDX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund enhanced yield by actively managing a portfolio of high-yielding, ultra-short term fixed income instruments, while also employing a put-and-call options strategy. The fund seeks to generate additional income by selling short-term options.

Further Reading

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