SGI U.S. Large Cap Core ETF (NYSEARCA:SGLC) Sees Significant Decline in Short Interest

SGI U.S. Large Cap Core ETF (NYSEARCA:SGLC) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 2,814 shares, a drop of 21.9% from the December 31st total of 3,604 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 12,138 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 12,138 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

SGI U.S. Large Cap Core ETF Stock Down 0.5%

NYSEARCA:SGLC traded down $0.18 on Friday, reaching $39.80. The company’s stock had a trading volume of 18,218 shares, compared to its average volume of 11,156. SGI U.S. Large Cap Core ETF has a 12-month low of $27.48 and a 12-month high of $40.05. The stock has a 50 day moving average price of $38.61 and a 200 day moving average price of $37.02. The firm has a market cap of $124.57 million, a price-to-earnings ratio of 25.16 and a beta of 1.01.

SGI U.S. Large Cap Core ETF Company Profile

The Rbb Fund Inc – Sgi U.S Large Cap Core Equity Fund (SGLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed, non-transparent ETF that invests in US large-cap equities firms considered to be within the range of companies in the Russell 1000 and S&P 500 index. The fund utilizes the Blue Tractor non-transparent model. SGLC was launched on Mar 31, 2023 and is managed by Summit Global Investments.