ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) Short Interest Up 200.0% in July

ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 117 shares, an increase of 200.0% from the July 15th total of 39 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,846 shares, the days-to-cover ratio is presently 0.1 days.

ETC 6 Meridian Low Beta Equity Strategy ETF Trading Up 0.6%

ETC 6 Meridian Low Beta Equity Strategy ETF stock traded up $0.22 during midday trading on Thursday, reaching $39.98. 3,161 shares of the stock traded hands, compared to its average volume of 4,584. The firm has a fifty day moving average price of $39.36 and a two-hundred day moving average price of $38.71. The firm has a market cap of $197.90 million, a price-to-earnings ratio of 17.82 and a beta of 0.56. ETC 6 Meridian Low Beta Equity Strategy ETF has a fifty-two week low of $35.69 and a fifty-two week high of $40.92.

About ETC 6 Meridian Low Beta Equity Strategy ETF

The ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of US stocks selected for fundamental factors of growth and low volatility. Securities are equally weighted. SIXL was launched on May 11, 2020 and is managed by Meridian.