Short Interest in SGI Enhanced Global Income ETF (NASDAQ:GINX) Decreases By 97.8%

SGI Enhanced Global Income ETF (NASDAQ:GINX) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 248 shares, a decline of 97.8% from the May 31st total of 11,173 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 6,579 shares, the days-to-cover ratio is currently 0.0 days.

SGI Enhanced Global Income ETF Stock Performance

NASDAQ:GINX traded down $0.07 during trading hours on Friday, hitting $34.79. The stock had a trading volume of 2,627 shares, compared to its average volume of 12,638. SGI Enhanced Global Income ETF has a one year low of $27.62 and a one year high of $35.65. The company has a market cap of $94.63 million, a price-to-earnings ratio of 13.81 and a beta of 0.47. The business’s 50 day moving average is $34.48 and its 200-day moving average is $33.37.

About SGI Enhanced Global Income ETF

The SGI Global Enhanced Income ETF (GINX) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of global companies while employing a put-and-call options strategy. The fund seeks to generate income from dividends and selling short-term options. GINX was launched on Feb 29, 2024 and is issued by Summit Global Investments.