Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) Short Interest Up 363.6% in March

Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) was the target of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 459 shares, an increase of 363.6% from the February 26th total of 99 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 55,426 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 55,426 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Day Hagan Smart Sector Fixed Income ETF Price Performance

Shares of SSFI stock opened at $21.30 on Wednesday. Day Hagan Smart Sector Fixed Income ETF has a one year low of $20.92 and a one year high of $21.84. The stock has a market cap of $30.03 million, a P/E ratio of 7.26 and a beta of 0.29. The stock has a fifty day moving average price of $21.54 and a 200 day moving average price of $21.64.

Day Hagan Smart Sector Fixed Income ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 29th were paid a $0.2888 dividend. The ex-dividend date of this dividend was Monday, December 29th. This is an increase from Day Hagan Smart Sector Fixed Income ETF’s previous quarterly dividend of $0.17. This represents a $1.16 dividend on an annualized basis and a yield of 5.4%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Day Hagan Smart Sector Fixed Income ETF stock. JPMorgan Chase & Co. acquired a new stake in shares of Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,302 shares of the company’s stock, valued at approximately $71,000. JPMorgan Chase & Co. owned approximately 0.20% of Day Hagan Smart Sector Fixed Income ETF at the end of the most recent quarter.

Day Hagan Smart Sector Fixed Income ETF Company Profile

The Day Hagan\u002FNed Davis Research Smart Sector Fixed Income ETF (SSFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that uses a proprietary model to allocate exposure to fixed income sectors. SSFI was launched on Sep 29, 2021 and is managed by Day Hagan.