Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) Sees Large Increase in Short Interest

Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 908 shares. Based on an average trading volume of 6,784 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

Day Hagan Smart Sector Fixed Income ETF Price Performance

Shares of SSFI stock opened at $20.27 on Wednesday. The business’s 50 day simple moving average is $20.95 and its 200 day simple moving average is $21.22. Day Hagan Smart Sector Fixed Income ETF has a one year low of $20.27 and a one year high of $21.84. The stock has a market capitalization of $28.38 million, a PE ratio of 7.26 and a beta of 0.26.

Day Hagan Smart Sector Fixed Income ETF Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 29th will be given a $0.2083 dividend. This is a decrease from Day Hagan Smart Sector Fixed Income ETF’s previous quarterly dividend of $0.2161. The ex-dividend date is Tuesday, September 29th. This represents a $0.83 dividend on an annualized basis and a dividend yield of 4.1%.

Day Hagan Smart Sector Fixed Income ETF Company Profile

The Day Hagan\u002FNed Davis Research Smart Sector Fixed Income ETF (SSFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that uses a proprietary model to allocate exposure to fixed income sectors. SSFI was launched on Sep 29, 2021 and is managed by Day Hagan.