Short Interest in SGI Enhanced Core ETF (NASDAQ:USDX) Grows By 250.0%

SGI Enhanced Core ETF (NASDAQ:USDX) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 16,800 shares, an increase 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 Trading of 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 position in shares of SGI Enhanced Core ETF (NASDAQ:USDX) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor 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 SEC filing.

SGI Enhanced Core ETF Trading Up 0.0 %

Shares of NASDAQ:USDX opened at $25.67 on Wednesday. The stock has a 50-day simple moving average of $26.00 and a 200-day simple moving average of $25.91. SGI Enhanced Core ETF has a 1 year low of $23.92 and a 1 year high of $26.44.

SGI Enhanced Core ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 30th were issued a dividend of $0.8681 per share. The ex-dividend date was Monday, December 30th.

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.