SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) Short Interest Down 91.2% in July

SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 1,061 shares, a decrease of 91.2% from the July 15th total of 12,081 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 37,609 shares, the short-interest ratio is currently 0.0 days.

SGI Enhanced Nasdaq-100 ETF Trading Down 0.3%

Shares of QXQ traded down $0.11 during mid-day trading on Tuesday, hitting $31.90. The company’s stock had a trading volume of 12,219 shares, compared to its average volume of 15,924. SGI Enhanced Nasdaq-100 ETF has a 1-year low of $24.75 and a 1-year high of $33.25. The firm has a market capitalization of $93.47 million, a P/E ratio of 46.85 and a beta of 1.37. The firm has a 50-day simple moving average of $31.70 and a 200 day simple moving average of $29.47.

SGI Enhanced Nasdaq-100 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 1.0%. This is an increase from SGI Enhanced Nasdaq-100 ETF’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Monday, June 29th.

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.