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

SGI Enhanced Core ETF (NASDAQ:USDX) was the recipient of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 11,400 shares, an increase of 32.6% from the October 15th total of 8,600 shares. Based on an average daily volume of 36,000 shares, the days-to-cover ratio is currently 0.3 days.

SGI Enhanced Core ETF Price Performance

NASDAQ USDX opened at $26.19 on Friday. The business’s 50 day moving average price is $26.01 and its 200-day moving average price is $25.70. SGI Enhanced Core ETF has a fifty-two week low of $23.92 and a fifty-two week high of $26.24.

SGI Enhanced Core ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Tuesday, October 1st were given a dividend of $0.083 per share. This represents a $0.33 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend was Tuesday, October 1st.

Institutional Investors Weigh In On SGI Enhanced Core ETF

A hedge fund recently bought a new stake in SGI Enhanced Core ETF stock. Flow Traders U.S. LLC purchased a new stake in shares of SGI Enhanced Core ETF (NASDAQ:USDX) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 15,230 shares of the company’s stock, valued at approximately $396,000. Flow Traders U.S. LLC owned about 0.26% of SGI Enhanced Core ETF at the end of the most recent quarter.

About SGI Enhanced Core ETF

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.