Short Interest in SGI Enhanced Global Income ETF (NASDAQ:GINX) Drops By 14.2%

SGI Enhanced Global Income ETF (NASDAQ:GINX) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 10,900 shares, a decrease of 14.2% from the December 15th total of 12,700 shares. Based on an average daily volume of 9,500 shares, the short-interest ratio is presently 1.1 days.

SGI Enhanced Global Income ETF Trading Up 0.7 %

Shares of SGI Enhanced Global Income ETF stock traded up $0.19 during mid-day trading on Friday, hitting $26.42. 4,701 shares of the stock were exchanged, compared to its average volume of 18,600. The company has a 50-day simple moving average of $26.40 and a 200 day simple moving average of $26.47. SGI Enhanced Global Income ETF has a twelve month low of $24.22 and a twelve month high of $27.51. The stock has a market capitalization of $76.62 million, a price-to-earnings ratio of 13.36 and a beta of 0.82.

SGI Enhanced Global Income ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Thursday, December 19th were paid a dividend of $0.5409 per share. The ex-dividend date was Thursday, December 19th.

About SGI Enhanced Global Income ETF

The SGI Global Enhanced Income ETF (GINX) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of global companies while employing a put-and-call options strategy. The fund seeks to generate income from dividends and selling short-term options. GINX was launched on Feb 29, 2024 and is issued by Summit Global Investments.