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

SGI Enhanced Core ETF (NASDAQ:USDX) was the target of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 26,700 shares, a drop of 44.6% from the January 15th total of 48,200 shares. Based on an average daily volume of 105,200 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On SGI Enhanced Core ETF

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

SGI Enhanced Core ETF Stock Performance

Shares of USDX opened at $25.65 on Friday. SGI Enhanced Core ETF has a 12 month low of $23.92 and a 12 month high of $26.44. The stock has a fifty day moving average price of $25.86 and a 200 day moving average price of $25.92.

SGI Enhanced Core ETF Cuts Dividend

The company also recently declared 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.

SGI Enhanced Core ETF Company Profile

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.