SGI Enhanced Core ETF (NASDAQ:USDX) Short Interest Down 64.0% in March

SGI Enhanced Core ETF (NASDAQ:USDX) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totalling 20,100 shares, a drop of 64.0% from the March 15th total of 55,800 shares. Based on an average daily volume of 207,300 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

SGI Enhanced Core ETF Price Performance

Shares of NASDAQ:USDX opened at $25.50 on Thursday. The company’s 50-day moving average price is $25.66 and its two-hundred day moving average price is $25.88. SGI Enhanced Core ETF has a one year low of $24.64 and a one year high of $26.44.

SGI Enhanced Core ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Thursday, March 27th were issued a dividend of $0.1236 per share. The ex-dividend date of this dividend was Thursday, March 27th. This is a positive change from SGI Enhanced Core ETF’s previous dividend of $0.09.

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.