Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) Short Interest Update

Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) was the target of a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 99 shares, a decline of 32.7% from the February 12th total of 147 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 1,039 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 1,039 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Day Hagan Smart Sector Fixed Income ETF Stock Down 0.1%

NYSEARCA:SSFI traded down $0.03 during trading hours on Friday, reaching $21.39. 1,490 shares of the company’s stock were exchanged, compared to its average volume of 23,330. Day Hagan Smart Sector Fixed Income ETF has a 1-year low of $20.92 and a 1-year high of $21.84. The firm has a market capitalization of $30.16 million, a price-to-earnings ratio of 7.26 and a beta of 0.29. The company has a 50-day moving average of $21.56 and a 200 day moving average of $21.64.

Day Hagan Smart Sector Fixed Income ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Monday, December 29th were issued a $0.2888 dividend. The ex-dividend date of this dividend was Monday, December 29th. This is a positive change from Day Hagan Smart Sector Fixed Income ETF’s previous quarterly dividend of $0.17. This represents a $1.16 dividend on an annualized basis and a dividend yield of 5.4%.

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 shares of Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) in the 3rd quarter, according to its most recent disclosure 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 SEC filing.

About Day Hagan Smart Sector Fixed Income ETF

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.