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

Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 21,009 shares, an increase of 51,141.5% from the April 30th total of 41 shares. Based on an average daily volume of 135,041 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BGIG. Lcnb Corp acquired a new position in shares of Bahl & Gaynor Income Growth ETF during the fourth quarter worth approximately $226,000. AdvisorNet Financial Inc acquired a new position in shares of Bahl & Gaynor Income Growth ETF during the first quarter worth approximately $80,000. Janney Montgomery Scott LLC acquired a new position in shares of Bahl & Gaynor Income Growth ETF during the first quarter worth approximately $933,000. Anchor Investment Management LLC acquired a new position in shares of Bahl & Gaynor Income Growth ETF during the first quarter worth approximately $126,000. Finally, Arkadios Wealth Advisors acquired a new position in shares of Bahl & Gaynor Income Growth ETF during the first quarter worth approximately $787,000.

Bahl & Gaynor Income Growth ETF Stock Up 0.1%

Shares of BGIG stock traded up $0.03 during trading hours on Wednesday, reaching $35.29. 164,170 shares of the company’s stock were exchanged, compared to its average volume of 94,005. Bahl & Gaynor Income Growth ETF has a fifty-two week low of $29.47 and a fifty-two week high of $35.53. The stock has a market capitalization of $2.17 billion, a P/E ratio of 22.85 and a beta of 0.57. The business has a fifty day moving average price of $34.18 and a 200-day moving average price of $33.47.

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.