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

SGI Enhanced Core ETF (NASDAQ:USDX) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 20,100 shares, a drop of 64.0% from the March 15th total of 55,800 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 207,300 shares, the short-interest ratio is currently 0.1 days.

SGI Enhanced Core ETF Stock Down 0.0 %

Shares of NASDAQ USDX opened at $25.50 on Thursday. The business has a fifty day moving average price of $25.66 and a two-hundred day moving average price of $25.88. SGI Enhanced Core ETF has a fifty-two week low of $24.64 and a fifty-two week high of $26.44.

SGI Enhanced Core ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Thursday, March 27th were given a $0.1236 dividend. The ex-dividend date was Thursday, March 27th. This is a boost from SGI Enhanced Core ETF’s previous dividend of $0.09.

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.