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

SGI U.S. Large Cap Core ETF (NYSEARCA:SGLC) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 3,604 shares, a growth of 281.4% from the December 15th total of 945 shares. Based on an average trading volume of 8,484 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 8,484 shares, the days-to-cover ratio is presently 0.4 days.

SGI U.S. Large Cap Core ETF Trading Down 1.5%

Shares of NYSEARCA:SGLC traded down $0.59 during trading on Tuesday, hitting $39.30. 5,493 shares of the company’s stock traded hands, compared to its average volume of 9,045. The company has a 50-day moving average price of $37.94 and a 200-day moving average price of $36.52. SGI U.S. Large Cap Core ETF has a 52 week low of $27.48 and a 52 week high of $39.88. The company has a market cap of $119.85 million, a price-to-earnings ratio of 25.16 and a beta of 1.01.

About SGI U.S. Large Cap Core ETF

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.