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

Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 2,113 shares, a growth of 74.1% from the July 30th total of 1,214 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 4,931 shares, the days-to-cover ratio is currently 0.4 days.

Strategas Global Policy Opportunities ETF Stock Performance

Shares of SAGP stock traded down $0.39 during trading hours on Tuesday, hitting $37.26. The company had a trading volume of 2,371 shares, compared to its average volume of 6,723. Strategas Global Policy Opportunities ETF has a 12 month low of $32.74 and a 12 month high of $38.32. The firm’s fifty day moving average is $36.63 and its 200 day moving average is $35.69. The firm has a market capitalization of $80.48 million, a price-to-earnings ratio of 20.47 and a beta of 0.73.

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.