SGI Enhanced Core ETF (NASDAQ:USDX) Sees Significant Growth in Short Interest

SGI Enhanced Core ETF (NASDAQ:USDX) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totalling 16,800 shares, a growth of 250.0% from the December 31st total of 4,800 shares. Based on an average daily volume of 52,200 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SGI Enhanced Core ETF stock. Flow Traders U.S. LLC purchased a new stake in SGI Enhanced Core ETF (NASDAQ:USDX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 15,230 shares of the company’s stock, valued at approximately $396,000. Flow Traders U.S. LLC owned 0.26% of SGI Enhanced Core ETF at the end of the most recent reporting period.

SGI Enhanced Core ETF Price Performance

Shares of SGI Enhanced Core ETF stock traded up $0.02 on Friday, reaching $25.61. The stock had a trading volume of 146,637 shares, compared to its average volume of 197,197. The business’s 50-day moving average price is $25.98 and its two-hundred day moving average price is $25.91. SGI Enhanced Core ETF has a fifty-two week low of $23.92 and a fifty-two week high of $26.44.

SGI Enhanced Core ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 30th. Stockholders of record on Wednesday, January 29th were issued a dividend of $0.095 per share. The ex-dividend date was Wednesday, January 29th.

About SGI Enhanced Core ETF

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.