Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) Sees Large Increase in Short Interest

Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 5,353 shares, a growth of 1,552.2% from the November 30th total of 324 shares. Based on an average trading volume of 5,438 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average trading volume of 5,438 shares, the days-to-cover ratio is currently 1.0 days.

Hedge Funds Weigh In On Day Hagan Smart Sector Fixed Income ETF

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 Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 3,302 shares of the company’s stock, valued at approximately $71,000. JPMorgan Chase & Co. owned about 0.20% of Day Hagan Smart Sector Fixed Income ETF as of its most recent filing with the Securities and Exchange Commission.

Day Hagan Smart Sector Fixed Income ETF Stock Up 0.2%

NYSEARCA:SSFI traded up $0.05 on Wednesday, reaching $21.77. 3,602 shares of the company’s stock were exchanged, compared to its average volume of 8,955. The firm has a market capitalization of $35.70 million, a price-to-earnings ratio of 7.26 and a beta of 0.29. Day Hagan Smart Sector Fixed Income ETF has a 52-week low of $20.52 and a 52-week high of $21.84. The business has a fifty day moving average of $21.73 and a 200-day moving average of $21.56.

Day Hagan Smart Sector Fixed Income ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 29th were issued a dividend of $0.1737 per share. The ex-dividend date was Monday, September 29th. This represents a $0.69 dividend on an annualized basis and a yield of 3.2%.

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.