U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) Short Interest Update

U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) was the target of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 4,452 shares, a decline of 45.0% from the May 14th total of 8,095 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 11,145 shares, the days-to-cover ratio is currently 0.4 days.

U.S. Global Sea to Sky Cargo ETF Trading Up 0.9%

Shares of NYSEARCA:SEA traded up $0.15 during midday trading on Friday, hitting $17.57. 5,533 shares of the stock were exchanged, compared to its average volume of 18,655. The stock has a market cap of $19.33 million, a P/E ratio of 4.44 and a beta of 0.81. U.S. Global Sea to Sky Cargo ETF has a twelve month low of $13.37 and a twelve month high of $17.74. The company has a 50 day moving average price of $17.31 and a 200-day moving average price of $16.23.

U.S. Global Sea to Sky Cargo ETF Company Profile

Guggenheim Shipping ETF (the Fund) seeks investment results that correspond generally to the performance of Delta Global Shipping Index (the Index). The Index is designed to measure the performance of companies listed on global developed market exchanges and consists of companies within the maritime shipping industry. The index provider, Delta Global Indices, LLC, defines the shipping industry to include companies within the business segments of the maritime shipping industry, such as companies deriving revenue from the seaborne transport of dry bulk goods and the leasing and/or operating of tanker ships, container ships, specialty chemical ships and ships that transport liquid natural gas (LNG) or dry bulk goods.