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

SGI Enhanced Core ETF (NASDAQ:USDX) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 13,400 shares, an increase of 282.9% from the September 15th total of 3,500 shares. Based on an average daily trading volume, of 147,400 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 147,400 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SGI Enhanced Core ETF stock. Flow Traders U.S. LLC purchased a new position in shares of SGI Enhanced Core ETF (NASDAQ:USDX) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 56,867 shares of the company’s stock, valued at approximately $1,459,000. Flow Traders U.S. LLC owned about 0.30% of SGI Enhanced Core ETF as of its most recent SEC filing.

SGI Enhanced Core ETF Trading Up 0.0%

Shares of USDX stock opened at $25.93 on Friday. SGI Enhanced Core ETF has a 12 month low of $25.29 and a 12 month high of $26.44. The stock has a 50 day moving average of $25.78 and a 200-day moving average of $25.69.

SGI Enhanced Core ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, September 29th. Stockholders of record on Friday, September 26th were issued a dividend of $0.10 per share. The ex-dividend date was Friday, September 26th.

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.