ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA) Short Interest Update

ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 6,127 shares, a decline of 74.5% from the August 31st total of 24,073 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 9,009 shares, the short-interest ratio is presently 0.7 days.

ETC 6 Meridian Mega Cap Equity ETF Trading Up 0.6%

SIXA stock traded up $0.32 during mid-day trading on Friday, reaching $57.76. 1,327 shares of the stock traded hands, compared to its average volume of 12,839. ETC 6 Meridian Mega Cap Equity ETF has a 52-week low of $48.28 and a 52-week high of $58.52. The company has a market cap of $545.83 million, a P/E ratio of 16.86 and a beta of 0.66. The stock’s fifty day moving average is $57.51 and its 200-day moving average is $55.58.

ETC 6 Meridian Mega Cap Equity ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Monday, August 31st. Stockholders of record on Thursday, August 27th were issued a dividend of $0.0283 per share. The ex-dividend date was Thursday, August 27th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 0.6%.

ETC 6 Meridian Mega Cap Equity ETF Company Profile

The ETC 6 Meridian Mega Cap Equity ETF (SIXA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in large-cap US equities selected from the Russell 3000 Index. SIXA was launched on May 11, 2020 and is managed by Meridian.