Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) Short Interest Down 79.4% in August

Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 6,173 shares, a decline of 79.4% from the August 15th total of 29,946 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 129,774 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On Bahl & Gaynor Income Growth ETF

Institutional investors have recently bought and sold shares of the stock. Janney Montgomery Scott LLC purchased a new stake in shares of Bahl & Gaynor Income Growth ETF during the first quarter valued at approximately $933,000. Arkadios Wealth Advisors bought a new position in shares of Bahl & Gaynor Income Growth ETF during the 1st quarter worth $787,000. Lcnb Corp purchased a new stake in Bahl & Gaynor Income Growth ETF in the 4th quarter worth about $226,000. Anchor Investment Management LLC purchased a new stake in Bahl & Gaynor Income Growth ETF in the 1st quarter worth about $126,000. Finally, AdvisorNet Financial Inc purchased a new stake in Bahl & Gaynor Income Growth ETF in the 1st quarter worth about $80,000.

Bahl & Gaynor Income Growth ETF Stock Performance

Shares of BGIG opened at $36.43 on Friday. The stock has a 50 day moving average price of $36.60 and a two-hundred day moving average price of $35.27. The firm has a market capitalization of $2.21 billion, a P/E ratio of 22.85 and a beta of 0.53. Bahl & Gaynor Income Growth ETF has a 52 week low of $31.52 and a 52 week high of $37.73.

Bahl & Gaynor Income Growth ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, August 3rd. Investors of record on Thursday, July 30th were given a dividend of $0.052 per share. The ex-dividend date of this dividend was Thursday, July 30th. This represents a c) annualized dividend and a dividend yield of 1.7%.

About Bahl & Gaynor Income Growth ETF

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.