Short Interest in SGI Enhanced Core ETF (NASDAQ:USDX) Expands By 120.4%

SGI Enhanced Core ETF (NASDAQ:USDXGet Free Report) was the recipient of a large increase in short interest in May. As of May 31st, there was short interest totalling 181,800 shares, an increase of 120.4% from the May 15th total of 82,500 shares. Based on an average daily volume of 175,200 shares, the short-interest ratio is presently 1.0 days. Currently, 1.0% of the shares of the company are short sold.

SGI Enhanced Core ETF Stock Performance

NASDAQ USDX opened at $25.66 on Friday. The company has a 50 day moving average of $25.60 and a 200-day moving average of $25.75. SGI Enhanced Core ETF has a 1-year low of $24.64 and a 1-year high of $26.44.

SGI Enhanced Core ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, May 29th. Shareholders of record on Wednesday, May 28th were issued a $0.0513 dividend. The ex-dividend date of this dividend was Wednesday, May 28th.

SGI Enhanced Core ETF Company Profile

(Get Free Report)

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.

Further Reading

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