SGI Enhanced Core ETF (NASDAQ:USDX) Short Interest Update

SGI Enhanced Core ETF (NASDAQ:USDX) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 12,940 shares, an increase of 72.5% from the July 15th total of 7,503 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 43,490 shares, the days-to-cover ratio is currently 0.3 days.

SGI Enhanced Core ETF Price Performance

NASDAQ:USDX opened at $25.58 on Monday. SGI Enhanced Core ETF has a twelve month low of $25.08 and a twelve month high of $26.25. The stock’s 50 day moving average price is $25.57 and its two-hundred day moving average price is $25.63.

SGI Enhanced Core ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, July 29th. Investors of record on Tuesday, July 28th were paid a $0.05 dividend. The ex-dividend date of this dividend was Tuesday, July 28th.

SGI Enhanced Core ETF Company Profile

The SGI Enhanced Core ETF (USDX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund enhanced yield by actively managing a portfolio of high-yielding, ultra-short term fixed income instruments, while also employing a put-and-call options strategy. The fund seeks to generate additional income by selling short-term options. USDX was launched on Feb 29, 2024 and is issued by Summit Global Investments.