ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) Short Interest Update

ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXLGet Free Report) saw a significant decline in short interest in April. As of April 15th, there was short interest totaling 106 shares, a decline of 99.0% from the March 31st total of 10,839 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,500 shares, the short-interest ratio is currently 0.0 days.

ETC 6 Meridian Low Beta Equity Strategy ETF Trading Down 0.3%

Shares of NYSEARCA:SIXL traded down $0.12 during mid-day trading on Friday, reaching $38.66. The stock had a trading volume of 210 shares, compared to its average volume of 3,976. The company has a market cap of $194.46 million, a P/E ratio of 17.82 and a beta of 0.61. ETC 6 Meridian Low Beta Equity Strategy ETF has a 1 year low of $35.69 and a 1 year high of $39.75. The business’s 50 day moving average price is $38.52 and its 200 day moving average price is $37.58.

ETC 6 Meridian Low Beta Equity Strategy ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Wednesday, February 25th were given a $0.0533 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Wednesday, February 25th.

ETC 6 Meridian Low Beta Equity Strategy ETF Company Profile

(Get Free Report)

The ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of US stocks selected for fundamental factors of growth and low volatility. Securities are equally weighted. SIXL was launched on May 11, 2020 and is managed by Meridian.

Further Reading

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