ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) Short Interest Up 200.0% in July

ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 117 shares, a growth of 200.0% from the July 15th total of 39 shares. Based on an average trading volume of 1,846 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

ETC 6 Meridian Low Beta Equity Strategy ETF Stock Performance

Shares of NYSEARCA:SIXL traded up $0.22 on Thursday, hitting $39.98. The company’s stock had a trading volume of 3,161 shares, compared to its average volume of 4,584. ETC 6 Meridian Low Beta Equity Strategy ETF has a 12 month low of $35.69 and a 12 month high of $40.92. The company has a market capitalization of $197.90 million, a price-to-earnings ratio of 17.82 and a beta of 0.56. The stock’s 50-day moving average is $39.36 and its two-hundred day moving average is $38.71.

About ETC 6 Meridian Low Beta Equity Strategy ETF

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.