ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) Short Interest Down 68.0% in April

ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 2,883 shares, a decrease of 68.0% from the April 15th total of 9,017 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 4,071 shares, the days-to-cover ratio is currently 0.7 days.

ETC 6 Meridian Small Cap Equity ETF Trading Up 0.1%

SIXS traded up $0.07 during trading on Thursday, reaching $53.58. 309 shares of the company were exchanged, compared to its average volume of 3,972. The stock has a market cap of $125.91 million, a P/E ratio of 11.13 and a beta of 0.77. The firm has a 50 day moving average of $53.34 and a 200 day moving average of $52.13. ETC 6 Meridian Small Cap Equity ETF has a 52 week low of $44.89 and a 52 week high of $55.61.

ETC 6 Meridian Small Cap Equity ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Wednesday, February 25th were given a dividend of $0.0544 per share. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Wednesday, February 25th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ETC 6 Meridian Small Cap Equity ETF stock. Wealth Alliance Advisory Group LLC acquired a new stake in ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,118 shares of the company’s stock, valued at approximately $716,000. Wealth Alliance Advisory Group LLC owned 0.64% of ETC 6 Meridian Small Cap Equity ETF as of its most recent SEC filing.

ETC 6 Meridian Small Cap Equity ETF Company Profile

The ETC 6 Meridian Small Cap Equity ETF (SIXS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is a portfolio of US small-caps with low beta and value characteristics, actively selected from the S&P 600. SIXS was launched on May 11, 2020 and is managed by Meridian.