Short Interest in Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) Decreases By 55.8%

Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 199 shares, a decline of 55.8% from the July 15th total of 450 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 1,086 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Day Hagan Smart Sector Fixed Income ETF

A hedge fund recently bought a new position in Day Hagan Smart Sector Fixed Income ETF stock. JPMorgan Chase & Co. purchased a new position in shares of Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,302 shares of the company’s stock, valued at approximately $71,000. JPMorgan Chase & Co. owned approximately 0.20% of Day Hagan Smart Sector Fixed Income ETF as of its most recent SEC filing.

Day Hagan Smart Sector Fixed Income ETF Trading Down 0.2%

Shares of NYSEARCA:SSFI traded down $0.05 during mid-day trading on Friday, reaching $21.07. The stock had a trading volume of 5,963 shares, compared to its average volume of 16,269. The firm has a market cap of $29.29 million, a PE ratio of 7.26 and a beta of 0.26. The firm has a 50 day simple moving average of $21.23 and a two-hundred day simple moving average of $21.38. Day Hagan Smart Sector Fixed Income ETF has a twelve month low of $20.93 and a twelve month high of $21.84.

About Day Hagan Smart Sector Fixed Income ETF

The Day Hagan\u002FNed Davis Research Smart Sector Fixed Income ETF (SSFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that uses a proprietary model to allocate exposure to fixed income sectors. SSFI was launched on Sep 29, 2021 and is managed by Day Hagan.