Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) Short Interest Up 79.7% in March

Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) was the target of a large increase in short interest in March. As of March 13th, there was short interest totaling 10,601 shares, an increase of 79.7% from the February 26th total of 5,899 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 44,100 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Bahl & Gaynor Income Growth ETF

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

Bahl & Gaynor Income Growth ETF Stock Down 0.8%

Shares of Bahl & Gaynor Income Growth ETF stock opened at $32.76 on Friday. Bahl & Gaynor Income Growth ETF has a twelve month low of $26.13 and a twelve month high of $34.88. The business has a 50-day moving average price of $33.80 and a 200-day moving average price of $32.81. The firm has a market cap of $407.53 million, a price-to-earnings ratio of 22.85 and a beta of 0.62.

Bahl & Gaynor Income Growth ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 26th were issued a dividend of $0.051 per share. This represents a c) annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Thursday, February 26th.

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.