Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) Short Interest Up 92.9% in December

Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 8,528 shares, an increase of 92.9% from the December 15th total of 4,421 shares. Based on an average trading volume of 3,967 shares, the short-interest ratio is currently 2.1 days. Approximately 0.5% of the company’s stock are sold short. Approximately 0.5% of the company’s stock are sold short. Based on an average trading volume of 3,967 shares, the short-interest ratio is currently 2.1 days.

Hedge Funds Weigh In On Strategas Global Policy Opportunities ETF

An institutional investor recently raised its position in Strategas Global Policy Opportunities ETF stock. Jaffetilchin Investment Partners LLC boosted its holdings in Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) by 3.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,328 shares of the company’s stock after acquiring an additional 413 shares during the quarter. Jaffetilchin Investment Partners LLC owned 0.75% of Strategas Global Policy Opportunities ETF worth $452,000 at the end of the most recent quarter.

Strategas Global Policy Opportunities ETF Stock Performance

Shares of SAGP traded up $0.05 during trading hours on Thursday, hitting $35.91. The company had a trading volume of 5,014 shares, compared to its average volume of 10,760. The stock has a market capitalization of $63.91 million, a price-to-earnings ratio of 20.47 and a beta of 0.79. The firm has a fifty day moving average price of $34.40 and a 200-day moving average price of $34.00. Strategas Global Policy Opportunities ETF has a 52-week low of $26.99 and a 52-week high of $35.92.

Strategas Global Policy Opportunities ETF Announces Dividend

The company also recently declared an annual dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were issued a dividend of $0.9726 per share. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 285.0%.

Strategas Global Policy Opportunities ETF Company Profile

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.