SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) Sees Large Growth in Short Interest

SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQGet Free Report) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 5,700 shares, a growth of 1,800.0% from the September 30th total of 300 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average trading volume of 7,400 shares, the days-to-cover ratio is presently 0.8 days. Based on an average trading volume of 7,400 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.4% of the shares of the stock are sold short.

SGI Enhanced Nasdaq-100 ETF Price Performance

Shares of NASDAQ:QXQ opened at $32.79 on Wednesday. The company’s 50 day simple moving average is $30.65 and its 200 day simple moving average is $28.38. The stock has a market capitalization of $46.89 million, a price-to-earnings ratio of 46.85 and a beta of 1.16. SGI Enhanced Nasdaq-100 ETF has a 1 year low of $20.19 and a 1 year high of $32.80.

SGI Enhanced Nasdaq-100 ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 26th were paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Friday, September 26th.

SGI Enhanced Nasdaq-100 ETF Company Profile

(Get Free Report)

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.

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