SGI Enhanced Global Income ETF (NASDAQ:GINX) Stock Short Interest Declines 67.1%

SGI Enhanced Global Income ETF (NASDAQ:GINX) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 3,565 shares, a decline of 67.1% from the August 31st total of 10,820 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 6,189 shares, the short-interest ratio is currently 0.6 days.

SGI Enhanced Global Income ETF Price Performance

Shares of NASDAQ GINX traded down $0.26 during mid-day trading on Monday, hitting $35.95. The company had a trading volume of 706 shares, compared to its average volume of 11,191. The business’s 50-day simple moving average is $36.54 and its 200-day simple moving average is $34.96. SGI Enhanced Global Income ETF has a 12 month low of $28.83 and a 12 month high of $37.38. The firm has a market cap of $104.25 million, a P/E ratio of 13.81 and a beta of 0.45.

About SGI Enhanced Global Income ETF

The SGI Global Enhanced Income ETF (GINX) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of global companies while employing a put-and-call options strategy. The fund seeks to generate income from dividends and selling short-term options. GINX was launched on Feb 29, 2024 and is issued by Summit Global Investments.