Short Interest in SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) Drops By 28.6%

SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) saw a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 6,500 shares, a decline of 28.6% from the January 31st total of 9,100 shares. Based on an average daily trading volume, of 15,400 shares, the days-to-cover ratio is presently 0.4 days.

SGI Enhanced Nasdaq-100 ETF Trading Up 1.4 %

Shares of QXQ stock traded up $0.38 on Wednesday, reaching $26.73. The company had a trading volume of 19,607 shares, compared to its average volume of 21,350. The stock has a market cap of $23.79 million and a PE ratio of 34.28. The company has a 50-day moving average of $27.64 and a 200-day moving average of $26.94. SGI Enhanced Nasdaq-100 ETF has a 12 month low of $23.43 and a 12 month high of $29.10.

SGI Enhanced Nasdaq-100 ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 30th were paid a $0.4797 dividend. The ex-dividend date of this dividend was Monday, December 30th.

SGI Enhanced Nasdaq-100 ETF Company Profile

The SGI Enhanced Nasdaq 100 ETF (QXQ) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages a portfolio of Nasdaq-listed companies while employing a put-and-call options writing strategy. The fund seeks to generate income from selling short-term options against broad market indices QXQ was launched on Jun 14, 2024 and is issued by Summit Global Investments.