ETC 6 Meridian Quality Growth ETF (NYSEARCA:SXQG) Short Interest Update

ETC 6 Meridian Quality Growth ETF (NYSEARCA:SXQG) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 2,205 shares, a growth of 704.7% from the April 15th total of 274 shares. Based on an average daily volume of 6,276 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are short sold.

ETC 6 Meridian Quality Growth ETF Price Performance

Shares of SXQG traded up $0.25 during midday trading on Tuesday, hitting $31.59. The stock had a trading volume of 605 shares, compared to its average volume of 3,500. The company has a 50 day simple moving average of $31.03 and a two-hundred day simple moving average of $32.07. ETC 6 Meridian Quality Growth ETF has a twelve month low of $29.10 and a twelve month high of $33.92. The firm has a market cap of $65.71 million, a price-to-earnings ratio of 28.56 and a beta of 1.00.

ETC 6 Meridian Quality Growth ETF Company Profile

The ETC 6 Meridian Quality Growth ETF (SXQG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund of US-based companies that exhibit high quality and growth characteristics relative to their peers. SXQG was launched on May 10, 2021 and is managed by Meridian.