Short Interest in Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) Decreases By 74.8%

Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) was the recipient of a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 5,899 shares, a drop of 74.8% from the February 12th total of 23,405 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 52,876 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 52,876 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Trading of Bahl & Gaynor Income Growth ETF

An institutional investor recently bought a new position in Bahl & Gaynor Income Growth ETF stock. Lcnb Corp purchased a new position in shares of Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 7,000 shares of the company’s stock, valued at approximately $226,000. Lcnb Corp owned about 0.06% of Bahl & Gaynor Income Growth ETF as of its most recent SEC filing.

Bahl & Gaynor Income Growth ETF Trading Down 0.3%

NYSEARCA:BGIG traded down $0.11 during midday trading on Wednesday, hitting $33.77. 13,819 shares of the company were exchanged, compared to its average volume of 41,362. Bahl & Gaynor Income Growth ETF has a fifty-two week low of $26.13 and a fifty-two week high of $34.88. The company has a market capitalization of $420.10 million, a PE ratio of 22.85 and a beta of 0.62. The company has a fifty day simple moving average of $33.64 and a 200 day simple moving average of $32.64.

Bahl & Gaynor Income Growth ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 26th were given a dividend of $0.051 per share. The ex-dividend date was Thursday, February 26th. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%.

About Bahl & Gaynor Income Growth ETF

The Bahl & Gaynor Income Growth ETF (BGIG) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in US large cap companies with a reliable dividend stream. The fund uses a bottom-up approach to select companies that are perceived to have strong fundamentals BGIG was launched on Sep 15, 2023 and is issued by Bahl & Gaynor.