Day Hagan Smart Sector ETF (NYSEARCA:SSUS) Stock Short Interest Rises 64.5%

Day Hagan Smart Sector ETF (NYSEARCA:SSUS) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 4,900 shares, an increase of 64.5% from the September 15th total of 2,978 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 51,846 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Day Hagan Smart Sector ETF

A hedge fund recently bought a new stake in Day Hagan Smart Sector ETF stock. Compass Financial Management LLC purchased a new stake in shares of Day Hagan Smart Sector ETF (NYSEARCA:SSUS) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 706 shares of the company’s stock, valued at approximately $39,000.

Day Hagan Smart Sector ETF Stock Performance

Shares of SSUS stock opened at $56.67 on Friday. Day Hagan Smart Sector ETF has a 52-week low of $45.21 and a 52-week high of $57.38. The company has a market capitalization of $608.64 million, a PE ratio of 30.46 and a beta of 0.86. The business’s fifty day moving average is $56.38 and its 200 day moving average is $54.43.

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.