SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) Short Interest Update

SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) was the recipient of a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 800 shares, a drop of 63.6% from the May 15th total of 2,200 shares. Based on an average daily volume of 8,900 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

SGI Enhanced Nasdaq-100 ETF Stock Down 0.9%

QXQ stock traded down $0.24 during trading on Friday, hitting $27.21. 1,631 shares of the company’s stock traded hands, compared to its average volume of 10,398. The stock has a market capitalization of $31.56 million and a price-to-earnings ratio of 30.35. SGI Enhanced Nasdaq-100 ETF has a 52 week low of $20.19 and a 52 week high of $29.10. The stock has a fifty day moving average price of $25.31 and a two-hundred day moving average price of $26.50.

SGI Enhanced Nasdaq-100 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Thursday, March 27th were paid a dividend of $0.1546 per share. This is a positive change from SGI Enhanced Nasdaq-100 ETF’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.62 annualized dividend and a yield of 2.27%.

SGI Enhanced Nasdaq-100 ETF Company Profile

The SGI Enhanced Nasdaq 100 ETF (QXQ) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages a portfolio of Nasdaq-listed companies while employing a put-and-call options writing strategy. The fund seeks to generate income from selling short-term options against broad market indices QXQ was launched on Jun 14, 2024 and is issued by Summit Global Investments.