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

SGI Enhanced Core ETF (NASDAQ:USDX) was the recipient of a large growth in short interest in February. As of February 28th, there was short interest totalling 51,200 shares, a growth of 341.4% from the February 13th total of 11,600 shares. Based on an average trading volume of 137,300 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.7% of the company’s stock are short sold.

Institutional Trading of SGI Enhanced Core ETF

An institutional investor recently bought a new position in SGI Enhanced Core ETF stock. Flow Traders U.S. LLC purchased a new position in SGI Enhanced Core ETF (NASDAQ:USDX) during the third quarter, according to the company in its most recent 13F 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 0.26% of SGI Enhanced Core ETF at the end of the most recent reporting period.

SGI Enhanced Core ETF Stock Performance

NASDAQ USDX traded up $0.01 during trading hours on Wednesday, hitting $25.68. The company had a trading volume of 213,126 shares, compared to its average volume of 171,274. SGI Enhanced Core ETF has a 1-year low of $24.64 and a 1-year high of $26.44. The business has a 50 day moving average of $25.63 and a 200-day moving average of $25.92.

SGI Enhanced Core ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 27th. Shareholders of record on Wednesday, February 26th were given a dividend of $0.0937 per share. The ex-dividend date of this dividend was Wednesday, February 26th.

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.