SGI Enhanced Global Income ETF (NASDAQ:GINX) Short Interest Down 51.4% in August

SGI Enhanced Global Income ETF (NASDAQ:GINX) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 10,820 shares, a decline of 51.4% from the August 15th total of 22,265 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 6,166 shares, the short-interest ratio is presently 1.8 days.

SGI Enhanced Global Income ETF Price Performance

Shares of NASDAQ GINX traded down $0.33 on Wednesday, hitting $36.27. The company’s stock had a trading volume of 11,241 shares, compared to its average volume of 11,418. The stock has a 50 day moving average of $36.40 and a 200-day moving average of $34.83. The company has a market capitalization of $108.77 million, a price-to-earnings ratio of 13.81 and a beta of 0.45. SGI Enhanced Global Income ETF has a 12-month low of $28.39 and a 12-month high of $37.38.

SGI Enhanced Global Income ETF Company Profile

The SGI Global Enhanced Income ETF (GINX) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of global companies while employing a put-and-call options strategy. The fund seeks to generate income from dividends and selling short-term options. GINX was launched on Feb 29, 2024 and is issued by Summit Global Investments.