ETC 6 Meridian Quality Growth ETF (NYSEARCA:SXQG) Sees Large Increase in Short Interest

ETC 6 Meridian Quality Growth ETF (NYSEARCA:SXQG) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,025 shares, an increase of ∞ from the August 15th total of 0 shares. Based on an average daily trading volume, of 5,001 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

ETC 6 Meridian Quality Growth ETF Price Performance

Shares of SXQG stock traded down $0.04 during trading hours on Wednesday, reaching $32.89. The company had a trading volume of 126 shares, compared to its average volume of 4,010. The business has a fifty day simple moving average of $32.86 and a 200-day simple moving average of $31.91. ETC 6 Meridian Quality Growth ETF has a 12 month low of $29.10 and a 12 month high of $33.92. The company has a market cap of $65.75 million, a price-to-earnings ratio of 28.56 and a beta of 0.99.

About ETC 6 Meridian Quality Growth ETF

The ETC 6 Meridian Quality Growth ETF (SXQG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund of US-based companies that exhibit high quality and growth characteristics relative to their peers. SXQG was launched on May 10, 2021 and is managed by Meridian.