Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) Sees Significant Increase in Short Interest

Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 4,421 shares, an increase of 89.8% from the November 30th total of 2,329 shares. Based on an average daily volume of 2,349 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.3% of the company’s shares are sold short. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 2,349 shares, the days-to-cover ratio is presently 1.9 days.

Strategas Global Policy Opportunities ETF Stock Performance

Shares of NYSEARCA:SAGP traded down $0.03 during midday trading on Friday, reaching $35.24. The company’s stock had a trading volume of 2,599 shares, compared to its average volume of 4,806. Strategas Global Policy Opportunities ETF has a fifty-two week low of $26.99 and a fifty-two week high of $35.31. The firm has a 50 day moving average price of $34.23 and a two-hundred day moving average price of $33.75. The firm has a market capitalization of $60.97 million, a price-to-earnings ratio of 20.47 and a beta of 0.79.

Strategas Global Policy Opportunities ETF Announces Dividend

The company also recently announced a special dividend, which was paid on Friday, October 24th. Stockholders of record on Thursday, October 23rd were given a dividend of $0.0044 per share. The ex-dividend date of this dividend was Thursday, October 23rd.

About Strategas Global Policy Opportunities ETF

The Strategas Global Policy Opportunities ETF (SAGP) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in various global stocks engaged in lobbying activities with the US federal government. SAGP was launched on Jan 24, 2022 and is managed by Strategas.