Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) Short Interest Up 74.1% in August

Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 2,113 shares, an increase of 74.1% from the July 30th total of 1,214 shares. Based on an average trading volume of 4,931 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

Strategas Global Policy Opportunities ETF Stock Performance

Shares of NYSEARCA:SAGP traded down $0.27 during trading hours on Monday, hitting $37.63. 3,020 shares of the company’s stock traded hands, compared to its average volume of 6,742. Strategas Global Policy Opportunities ETF has a 52 week low of $32.74 and a 52 week high of $38.32. The company’s fifty day simple moving average is $36.56 and its two-hundred day simple moving average is $35.68. The company has a market cap of $81.28 million, a price-to-earnings ratio of 20.47 and a beta of 0.73.

About Strategas Global Policy Opportunities ETF

The Strategas Global Policy Opportunities ETF (SAGP) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in various global stocks engaged in lobbying activities with the US federal government. SAGP was launched on Jan 24, 2022 and is managed by Strategas.