SGI Dynamic Tactical ETF (NASDAQ:DYTA) Sees Large Decrease in Short Interest

SGI Dynamic Tactical ETF (NASDAQ:DYTA) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 9,576 shares, a drop of 41.8% from the September 30th total of 16,465 shares. Based on an average daily volume of 7,937 shares, the short-interest ratio is currently 1.2 days. Currently, 0.3% of the company’s shares are sold short.

SGI Dynamic Tactical ETF Stock Down 1.4%

Shares of SGI Dynamic Tactical ETF stock traded down $0.44 during trading on Friday, reaching $31.00. 13,510 shares of the company were exchanged, compared to its average volume of 13,262. SGI Dynamic Tactical ETF has a twelve month low of $26.96 and a twelve month high of $32.26. The business has a 50-day moving average price of $31.61 and a 200-day moving average price of $30.60. The firm has a market capitalization of $108.19 million, a price-to-earnings ratio of 21.31 and a beta of 0.73.

SGI Dynamic Tactical ETF Company Profile

The SGI Dynamic Tactical ETF (DYTA) is an exchange-traded fund that mostly invests in total market equity. The fund is an active fund-of-funds, a non-transparent ETF that seeks capital appreciation by investing in global equity securities while attempting to reduce risk by tactically changing exposure to other asset classes. The fund utilizes the Blue Tractor non-transparent model. DYTA was launched on Mar 30, 2023 and is managed by Summit Global Investments.