Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) Sees Large Growth in Short Interest

Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 4,449 shares, a growth of 77.5% from the January 15th total of 2,506 shares. Based on an average daily volume of 15,910 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 15,910 shares, the days-to-cover ratio is presently 0.3 days.

Strategas Global Policy Opportunities ETF Trading Up 0.7%

Shares of SAGP traded up $0.25 during mid-day trading on Friday, reaching $36.21. 6,508 shares of the stock traded hands, compared to its average volume of 12,970. The company has a market cap of $71.70 million, a price-to-earnings ratio of 20.47 and a beta of 0.79. Strategas Global Policy Opportunities ETF has a 1 year low of $26.99 and a 1 year high of $36.36. The firm has a fifty day moving average price of $35.33 and a 200 day moving average price of $34.41.

Strategas Global Policy Opportunities ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were given a dividend of $0.9726 per share. This represents a yield of 285.0%. The ex-dividend date was Tuesday, December 30th.

Institutional Trading of Strategas Global Policy Opportunities ETF

A hedge fund recently raised its stake in Strategas Global Policy Opportunities ETF stock. Jaffetilchin Investment Partners LLC grew its holdings in shares of Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) by 3.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,328 shares of the company’s stock after acquiring an additional 413 shares during the quarter. Jaffetilchin Investment Partners LLC owned about 0.75% of Strategas Global Policy Opportunities ETF worth $452,000 at the end of the most recent quarter.

Strategas Global Policy Opportunities ETF Company Profile

The Strategas Global Policy Opportunities ETF (SAGP) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in various global stocks engaged in lobbying activities with the US federal government. SAGP was launched on Jan 24, 2022 and is managed by Strategas.