Short Interest in SGI Enhanced Core ETF (NASDAQ:USDX) Decreases By 78.9%

SGI Enhanced Core ETF (NASDAQ:USDX) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 4,800 shares, a decline of 78.9% from the November 30th total of 22,800 shares. Based on an average daily trading volume, of 40,300 shares, the short-interest ratio is presently 0.1 days.

SGI Enhanced Core ETF Stock Down 0.1 %

Shares of USDX stock traded down $0.02 during trading on Thursday, reaching $26.37. The company had a trading volume of 8,300 shares, compared to its average volume of 47,098. The firm’s 50 day simple moving average is $26.22 and its two-hundred day simple moving average is $25.88. SGI Enhanced Core ETF has a one year low of $23.92 and a one year high of $26.44.

SGI Enhanced Core ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 2nd. Investors of record on Tuesday, October 1st were paid a $0.083 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $0.33 dividend on an annualized basis and a yield of 1.26%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SGI Enhanced Core ETF stock. Flow Traders U.S. LLC acquired a new position in SGI Enhanced Core ETF (NASDAQ:USDX) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 15,230 shares of the company’s stock, valued at approximately $396,000. Flow Traders U.S. LLC owned 0.26% of SGI Enhanced Core ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.