Short Interest in Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) Declines By 96.2%

Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 2,910 shares, a drop of 96.2% from the May 31st total of 77,250 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 104,599 shares, the short-interest ratio is presently 0.0 days.

Bahl & Gaynor Income Growth ETF Trading Up 0.6%

NYSEARCA BGIG traded up $0.21 on Friday, hitting $35.77. 54,942 shares of the stock traded hands, compared to its average volume of 96,716. The stock has a 50-day moving average of $35.02 and a 200 day moving average of $33.95. Bahl & Gaynor Income Growth ETF has a twelve month low of $30.15 and a twelve month high of $35.91. The company has a market capitalization of $2.20 billion, a P/E ratio of 22.85 and a beta of 0.55.

Institutional Investors Weigh In On Bahl & Gaynor Income Growth ETF

Several institutional investors and hedge funds have recently made changes to their positions in BGIG. Lcnb Corp bought a new position in Bahl & Gaynor Income Growth ETF during the fourth quarter worth $226,000. AdvisorNet Financial Inc acquired a new stake in shares of Bahl & Gaynor Income Growth ETF during the first quarter worth $80,000. Janney Montgomery Scott LLC acquired a new stake in shares of Bahl & Gaynor Income Growth ETF during the first quarter worth $933,000. Anchor Investment Management LLC bought a new position in shares of Bahl & Gaynor Income Growth ETF in the 1st quarter worth about $126,000. Finally, Arkadios Wealth Advisors bought a new position in shares of Bahl & Gaynor Income Growth ETF in the 1st quarter worth about $787,000.

Bahl & Gaynor Income Growth ETF Company Profile

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.