Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) Short Interest Down 98.5% in February

Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) saw a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 1,045 shares, a decrease of 98.5% from the February 12th total of 68,469 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 5,156 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 5,156 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Strategas Global Policy Opportunities ETF stock. Jaffetilchin Investment Partners LLC increased its position in shares of Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) by 3.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,328 shares of the company’s stock after purchasing an additional 413 shares during the period. Jaffetilchin Investment Partners LLC owned 0.75% of Strategas Global Policy Opportunities ETF worth $452,000 at the end of the most recent quarter.

Strategas Global Policy Opportunities ETF Price Performance

Shares of NYSEARCA SAGP traded down $0.42 during mid-day trading on Wednesday, hitting $35.08. The company had a trading volume of 2,619 shares, compared to its average volume of 12,836. Strategas Global Policy Opportunities ETF has a 12 month low of $26.99 and a 12 month high of $36.84. The stock has a market cap of $69.46 million, a price-to-earnings ratio of 20.47 and a beta of 0.79. The firm’s 50 day simple moving average is $35.81 and its two-hundred day simple moving average is $34.78.

Strategas Global Policy Opportunities ETF Dividend Announcement

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

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.