SGI Enhanced Global Income ETF (NASDAQ:GINX) Sees Significant Decrease in Short Interest

SGI Enhanced Global Income ETF (NASDAQ:GINX) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 12,700 shares, a decline of 58.6% from the November 30th total of 30,700 shares. Based on an average daily volume of 8,600 shares, the short-interest ratio is presently 1.5 days.

SGI Enhanced Global Income ETF Trading Down 0.1 %

NASDAQ:GINX traded down $0.03 during mid-day trading on Friday, hitting $25.79. 19,553 shares of the company’s stock traded hands, compared to its average volume of 18,801. The firm has a 50 day moving average of $26.66 and a two-hundred day moving average of $26.48. The firm has a market capitalization of $68.09 million, a price-to-earnings ratio of 13.36 and a beta of 0.82. SGI Enhanced Global Income ETF has a 12 month low of $24.22 and a 12 month high of $27.51.

SGI Enhanced Global Income ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Thursday, December 19th were paid a $0.5409 dividend. The ex-dividend date was Thursday, December 19th.

SGI Enhanced Global Income ETF Company Profile

The SGI Global Enhanced Income ETF (GINX) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of global companies while employing a put-and-call options strategy. The fund seeks to generate income from dividends and selling short-term options. GINX was launched on Feb 29, 2024 and is issued by Summit Global Investments.