Short Interest in Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) Rises By 261.9%

Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 76 shares, an increase of 261.9% from the December 31st total of 21 shares. Based on an average daily volume of 36,887 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 36,887 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Day Hagan Smart Sector Fixed Income ETF stock. JPMorgan Chase & Co. acquired a new position in shares of Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,302 shares of the company’s stock, valued at approximately $71,000. JPMorgan Chase & Co. owned about 0.20% of Day Hagan Smart Sector Fixed Income ETF as of its most recent filing with the Securities and Exchange Commission.

Day Hagan Smart Sector Fixed Income ETF Price Performance

NYSEARCA:SSFI traded up $0.10 during mid-day trading on Friday, reaching $21.50. The stock had a trading volume of 455 shares, compared to its average volume of 18,753. The stock has a market cap of $30.32 million, a P/E ratio of 7.26 and a beta of 0.29. Day Hagan Smart Sector Fixed Income ETF has a fifty-two week low of $20.84 and a fifty-two week high of $21.84. The business’s 50 day moving average is $21.61 and its 200 day moving average is $21.59.

Day Hagan Smart Sector Fixed Income ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 29th were given a $0.2888 dividend. This is an increase from Day Hagan Smart Sector Fixed Income ETF’s previous quarterly dividend of $0.17. This represents a $1.16 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend was Monday, December 29th.

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.