Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) Sees Large Growth in Short Interest

Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 3,548 shares, a growth of 80.9% from the June 30th total of 1,961 shares. Based on an average trading volume of 126,956 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Bahl & Gaynor Income Growth ETF Price Performance

BGIG stock traded up $0.08 during mid-day trading on Friday, reaching $36.52. The company had a trading volume of 164,709 shares, compared to its average volume of 99,959. The company has a market capitalization of $2.21 billion, a price-to-earnings ratio of 22.85 and a beta of 0.54. Bahl & Gaynor Income Growth ETF has a 52 week low of $30.43 and a 52 week high of $36.81. The stock has a 50 day simple moving average of $35.73 and a two-hundred day simple moving average of $34.60.

Institutional Trading of Bahl & Gaynor Income Growth ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in BGIG. AdvisorNet Financial Inc bought a new position in shares of Bahl & Gaynor Income Growth ETF in the 1st quarter valued at about $80,000. Anchor Investment Management LLC bought a new stake in shares of Bahl & Gaynor Income Growth ETF in the 1st quarter valued at about $126,000. Lcnb Corp bought a new stake in shares of Bahl & Gaynor Income Growth ETF in the 4th quarter valued at about $226,000. Arkadios Wealth Advisors acquired a new stake in Bahl & Gaynor Income Growth ETF in the 1st quarter valued at about $787,000. Finally, Janney Montgomery Scott LLC acquired a new stake in Bahl & Gaynor Income Growth ETF in the 1st quarter valued at about $933,000.

Bahl & Gaynor Income Growth ETF Company Profile

The Bahl & Gaynor Income Growth ETF (BGIG) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in US large cap companies with a reliable dividend stream. The fund uses a bottom-up approach to select companies that are perceived to have strong fundamentals BGIG was launched on Sep 15, 2023 and is issued by Bahl & Gaynor.