Short Interest in SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) Increases By 144.4%

SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 10,648 shares, a growth of 144.4% from the June 15th total of 4,356 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 5,404 shares, the short-interest ratio is currently 2.0 days.

SGI Enhanced Market Leaders ETF Stock Up 0.2%

SGI Enhanced Market Leaders ETF stock traded up $0.06 during midday trading on Wednesday, reaching $36.08. The stock had a trading volume of 3,179 shares, compared to its average volume of 11,221. The firm has a market cap of $247.15 million, a price-to-earnings ratio of 20.50 and a beta of 1.16. The company has a fifty day moving average of $35.51 and a 200 day moving average of $33.52. SGI Enhanced Market Leaders ETF has a 52-week low of $29.51 and a 52-week high of $36.56.

SGI Enhanced Market Leaders ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were given a dividend of $0.04 per share. The ex-dividend date of this dividend was Monday, June 29th. This represents a $0.16 dividend on an annualized basis and a yield of 0.4%.

About SGI Enhanced Market Leaders ETF

The SGI Enhanced Market Leaders ETF is an actively managed exchange-traded fund that seeks capital appreciation and current income. The fund primarily invests in large-capitalization companies listed within the Russell 1000® Index or S&P 500® Index, focusing on those considered “market leaders” based on strengthening business metrics and favorable quantitative factors. Additionally, the fund employs an options strategy, writing deep out-of-the-money put and call options with short durations (typically 1–7 days) to generate additional income.