Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) Sees Significant Increase in Short Interest

Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 3,548 shares, a growth of 80.9% from the June 30th total of 1,961 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 126,956 shares, the days-to-cover ratio is currently 0.0 days.

Bahl & Gaynor Income Growth ETF Trading Up 0.2%

Shares of BGIG traded up $0.08 on Friday, reaching $36.52. 164,709 shares of the company’s stock were exchanged, compared to its average volume of 99,959. The stock has a market capitalization of $2.21 billion, a P/E ratio of 22.85 and a beta of 0.54. The business has a 50 day moving average price of $35.73 and a two-hundred day moving average price of $34.60. Bahl & Gaynor Income Growth ETF has a 12 month low of $30.43 and a 12 month high of $36.81.

Institutional Trading of Bahl & Gaynor Income Growth ETF

Several institutional investors and hedge funds have recently made changes to their positions in BGIG. Arkadios Wealth Advisors acquired a new position in shares of Bahl & Gaynor Income Growth ETF in the 1st quarter valued at $787,000. Anchor Investment Management LLC bought a new position in Bahl & Gaynor Income Growth ETF during the first quarter worth about $126,000. Janney Montgomery Scott LLC bought a new position in Bahl & Gaynor Income Growth ETF during the first quarter worth about $933,000. AdvisorNet Financial Inc acquired a new position in shares of Bahl & Gaynor Income Growth ETF during the 1st quarter worth about $80,000. Finally, Lcnb Corp bought a new stake in shares of Bahl & Gaynor Income Growth ETF in the 4th quarter valued at about $226,000.

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.