SGI Enhanced Core ETF (NASDAQ:USDX) Sees Large Increase in Short Interest

SGI Enhanced Core ETF (NASDAQ:USDXGet Free Report) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 82,500 shares, a growth of 202.2% from the April 30th total of 27,300 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 189,200 shares, the short-interest ratio is currently 0.4 days.

SGI Enhanced Core ETF Price Performance

USDX opened at $25.63 on Friday. The firm has a 50-day simple moving average of $25.61 and a two-hundred day simple moving average of $25.78. SGI Enhanced Core ETF has a 52 week low of $24.64 and a 52 week high of $26.44.

SGI Enhanced Core ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, May 29th. Shareholders of record on Wednesday, May 28th were issued a dividend of $0.0513 per share. The ex-dividend date was Wednesday, May 28th.

About SGI Enhanced Core ETF

(Get Free Report)

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.

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