Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) Short Interest Up 2,990.0% in May

Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 3,399 shares, a growth of 2,990.0% from the April 30th total of 110 shares. Based on an average trading volume of 2,704 shares, the short-interest ratio is currently 1.3 days. Currently, 0.3% of the shares of the company are sold short.

Day Hagan Smart Sector Fixed Income ETF Stock Up 0.2%

Shares of NYSEARCA SSFI opened at $21.38 on Thursday. The firm’s 50-day moving average price is $21.37 and its two-hundred day moving average price is $21.53. Day Hagan Smart Sector Fixed Income ETF has a 52-week low of $21.07 and a 52-week high of $21.84. The stock has a market capitalization of $22.02 million, a P/E ratio of 7.26 and a beta of 0.26.

Hedge Funds Weigh In On Day Hagan Smart Sector Fixed Income ETF

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

Day Hagan Smart Sector Fixed Income ETF Company Profile

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.