Day Hagan Smart Sector ETF (NYSEARCA:SSUS) Short Interest Update

Day Hagan Smart Sector ETF (NYSEARCA:SSUS) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 1,947 shares, a decrease of 94.4% from the May 31st total of 34,746 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 41,190 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On Day Hagan Smart Sector ETF

A hedge fund recently raised its position in Day Hagan Smart Sector ETF stock. Janney Montgomery Scott LLC raised its holdings in shares of Day Hagan Smart Sector ETF (NYSEARCA:SSUS) by 13.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,124 shares of the company’s stock after buying an additional 3,948 shares during the quarter. Janney Montgomery Scott LLC owned about 0.32% of Day Hagan Smart Sector ETF worth $1,593,000 as of its most recent filing with the Securities & Exchange Commission.

Day Hagan Smart Sector ETF Price Performance

NYSEARCA:SSUS traded up $0.19 during trading hours on Friday, hitting $54.13. The stock had a trading volume of 12,314 shares, compared to its average volume of 38,344. The company has a 50 day simple moving average of $53.80 and a two-hundred day simple moving average of $50.55. Day Hagan Smart Sector ETF has a one year low of $44.55 and a one year high of $56.34. The firm has a market capitalization of $576.48 million, a price-to-earnings ratio of 30.46 and a beta of 0.86.

Day Hagan Smart Sector ETF Company Profile

The Day Hagan\u002FNed Davis Research Smart Sector ETF (SSUS) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed US fund-of-funds that overweights and underweights 11 US large-cap sectors based on proprietary risk model. SSUS was launched on Jan 17, 2020 and is managed by Day Hagan.