U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) Stock Short Interest Jumps 108.2%

U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 7,024 shares, an increase of 108.2% from the August 31st total of 3,373 shares. Approximately 1.1% of the company’s shares are sold short. Based on an average daily trading volume, of 18,276 shares, the days-to-cover ratio is currently 0.4 days.

U.S. Global Sea to Sky Cargo ETF Stock Down 0.1%

NYSEARCA SEA opened at $20.03 on Wednesday. The company has a fifty day moving average of $19.42 and a two-hundred day moving average of $17.94. The firm has a market capitalization of $17.63 million, a price-to-earnings ratio of 4.44 and a beta of 0.80. U.S. Global Sea to Sky Cargo ETF has a 52 week low of $13.37 and a 52 week high of $20.88.

U.S. Global Sea to Sky Cargo ETF Company Profile

Guggenheim Shipping ETF (the Fund) seeks investment results that correspond generally to the performance of Delta Global Shipping Index (the Index). The Index is designed to measure the performance of companies listed on global developed market exchanges and consists of companies within the maritime shipping industry. The index provider, Delta Global Indices, LLC, defines the shipping industry to include companies within the business segments of the maritime shipping industry, such as companies deriving revenue from the seaborne transport of dry bulk goods and the leasing and/or operating of tanker ships, container ships, specialty chemical ships and ships that transport liquid natural gas (LNG) or dry bulk goods.