SGI Dynamic Tactical ETF (NASDAQ:DYTA) Sees Significant Growth in Short Interest

SGI Dynamic Tactical ETF (NASDAQ:DYTA) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 1,600 shares, an increase of 166.7% from the March 31st total of 600 shares. Based on an average daily volume of 17,100 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

SGI Dynamic Tactical ETF Price Performance

Shares of DYTA traded down $0.04 during mid-day trading on Monday, reaching $27.17. The company’s stock had a trading volume of 2,539 shares, compared to its average volume of 9,577. The company’s 50 day moving average is $27.51 and its 200 day moving average is $29.21. SGI Dynamic Tactical ETF has a 12-month low of $26.22 and a 12-month high of $32.36. The stock has a market cap of $60.03 million, a PE ratio of 21.42 and a beta of 0.89.

About SGI Dynamic Tactical ETF

The SGI Dynamic Tactical ETF (DYTA) is an exchange-traded fund that mostly invests in total market equity. The fund is an active fund-of-funds, a non-transparent ETF that seeks capital appreciation by investing in global equity securities while attempting to reduce risk by tactically changing exposure to other asset classes.