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

SGI Enhanced Core ETF (NASDAQ:USDX) was the target of a significant decline in short interest in January. As of January 31st, there was short interest totalling 26,700 shares, a decline of 44.6% from the January 15th total of 48,200 shares. Based on an average trading volume of 105,200 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SGI Enhanced Core ETF stock. Flow Traders U.S. LLC purchased a new stake in SGI Enhanced Core ETF (NASDAQ:USDX) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (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 reporting period.

SGI Enhanced Core ETF Price Performance

Shares of NASDAQ:USDX remained flat at $25.65 during midday trading on Thursday. 30,041 shares of the stock traded hands, compared to its average volume of 188,046. The company’s 50-day moving average price is $25.86 and its 200 day moving average price is $25.92. SGI Enhanced Core ETF has a 1-year low of $23.92 and a 1-year high of $26.44.

SGI Enhanced Core ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, January 30th. Shareholders of record on Wednesday, January 29th were given a dividend of $0.095 per share. The ex-dividend date of this dividend was Wednesday, January 29th.

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.