SGI Enhanced Global Income ETF (NASDAQ:GINX) Short Interest Down 58.6% in December

Posted by Erica Schwartz on Dec 29th, 2024

SGI Enhanced Global Income ETF (NASDAQ:GINX – Get Free Report) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 12,700 shares, a decrease of 58.6% from the November 30th total of 30,700 shares. Based on an average daily trading volume, of 8,600 shares, the days-to-cover ratio is currently 1.5 days.

SGI Enhanced Global Income ETF Price Performance

NASDAQ GINX traded down $0.06 during mid-day trading on Friday, reaching $25.76. The stock had a trading volume of 19,553 shares, compared to its average volume of 18,801. SGI Enhanced Global Income ETF has a 1 year low of $24.22 and a 1 year high of $27.51. The company has a fifty day moving average price of $26.64 and a 200 day moving average price of $26.48. The stock has a market cap of $68.01 million, a PE ratio of 13.36 and a beta of 0.82.

SGI Enhanced Global Income ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Thursday, December 19th were given a $0.5409 dividend. The ex-dividend date was Thursday, December 19th.

SGI Enhanced Global Income ETF Company Profile

(Get Free Report)

The SGI Global Enhanced Income ETF (GINX) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of global companies while employing a put-and-call options strategy. The fund seeks to generate income from dividends and selling short-term options. GINX was launched on Feb 29, 2024 and is issued by Summit Global Investments.