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

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

SGI Enhanced Core ETF Stock Performance

NASDAQ:USDX opened at $26.19 on Friday. The firm’s 50-day moving average is $26.01 and its 200-day moving average is $25.70. SGI Enhanced Core ETF has a 52-week low of $23.92 and a 52-week high of $26.24.

SGI Enhanced Core ETF Cuts Dividend

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SGI Enhanced Core ETF stock. Flow Traders U.S. LLC acquired a new position in shares of SGI Enhanced Core ETF (NASDAQ:USDX) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 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 as of its most recent filing with the Securities and Exchange Commission.

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.