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

SGI Enhanced Core ETF (NASDAQ:USDX) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 13,300 shares, anincreaseof150.9% from the July 15th total of 5,300 shares. Approximately0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 55,300 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 55,300 shares, the days-to-cover ratio is presently 0.2 days. Approximately0.1% of the company’s shares are sold short.

Institutional Trading of SGI Enhanced Core ETF

An institutional investor recently bought a new position in SGI Enhanced Core ETF stock. Flow Traders U.S. LLC purchased a new position in shares of SGI Enhanced Core ETF (NASDAQ:USDX) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 56,867 shares of the company’s stock, valued at approximately $1,459,000. Flow Traders U.S. LLC owned approximately 0.30% of SGI Enhanced Core ETF as of its most recent filing with the Securities & Exchange Commission.

SGI Enhanced Core ETF Price Performance

Shares of USDX opened at $25.73 on Friday. SGI Enhanced Core ETF has a 1 year low of $24.64 and a 1 year high of $26.44. The company’s 50-day simple moving average is $25.68 and its 200-day simple moving average is $25.65.

SGI Enhanced Core ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, July 30th. Stockholders of record on Tuesday, July 29th were given a dividend of $0.10 per share. This is a boost from SGI Enhanced Core ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Tuesday, July 29th.

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.