Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) Short Interest Update

Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 20,071 shares, a growth of 370.9% from the December 31st total of 4,262 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 38,093 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 38,093 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the shares of the stock are sold short.

Bahl & Gaynor Income Growth ETF Stock Down 0.3%

Bahl & Gaynor Income Growth ETF stock opened at $33.23 on Friday. The stock has a 50-day simple moving average of $32.65 and a 200 day simple moving average of $31.97. The stock has a market capitalization of $413.05 million, a price-to-earnings ratio of 22.85 and a beta of 0.62. Bahl & Gaynor Income Growth ETF has a 12-month low of $26.13 and a 12-month high of $33.40.

Bahl & Gaynor Income Growth ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Thursday, January 29th will be given a dividend of $0.051 per share. This is a positive change from Bahl & Gaynor Income Growth ETF’s previous monthly dividend of $0.05. This represents a c) annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Thursday, January 29th.

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.