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

SGI Enhanced Core ETF (NASDAQ:USDX) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 39,700 shares, an increase of 39,600.0% from the August 15th total of 100 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 79,800 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 79,800 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the company’s shares are sold short.

SGI Enhanced Core ETF Trading Up 0.0%

USDX opened at $25.74 on Friday. The firm’s fifty day moving average is $25.69 and its two-hundred day moving average is $25.66. SGI Enhanced Core ETF has a twelve month low of $25.29 and a twelve month high of $26.44.

SGI Enhanced Core ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, August 28th. Shareholders of record on Wednesday, August 27th were issued a $0.10 dividend. The ex-dividend date was Wednesday, August 27th.

Institutional Investors 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 acquired a new position in shares of SGI Enhanced Core ETF (NASDAQ:USDX) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 56,867 shares of the company’s stock, valued at approximately $1,459,000. Flow Traders U.S. LLC owned approximately 0.30% of SGI Enhanced Core ETF as of its most recent SEC filing.

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.