SGI Enhanced Core ETF (NASDAQ:USDX) Short Interest Up 32.6% in October

SGI Enhanced Core ETF (NASDAQ:USDX) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 11,400 shares, a growth of 32.6% from the October 15th total of 8,600 shares. Based on an average daily trading volume, of 36,000 shares, the short-interest ratio is presently 0.3 days.

SGI Enhanced Core ETF Stock Down 0.2 %

NASDAQ USDX traded down $0.05 during midday trading on Friday, hitting $26.19. 23,840 shares of the company traded hands, compared to its average volume of 46,959. SGI Enhanced Core ETF has a 52 week low of $23.92 and a 52 week high of $26.24. The company’s 50-day simple moving average is $26.01 and its 200-day simple moving average is $25.70.

SGI Enhanced Core ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Tuesday, October 1st were paid a $0.083 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $0.33 annualized dividend and a yield of 1.27%.

Hedge Funds Weigh In On SGI Enhanced Core ETF

A hedge fund recently bought a new stake in SGI Enhanced Core ETF stock. Flow Traders U.S. LLC acquired a new position in SGI Enhanced Core ETF (NASDAQ:USDX) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 15,230 shares of the company’s stock, valued at approximately $396,000. Flow Traders U.S. LLC owned about 0.26% of SGI Enhanced Core ETF as of its most recent SEC filing.

SGI Enhanced Core ETF Company Profile

The SGI Enhanced Core ETF (USDX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund enhanced yield by actively managing a portfolio of high-yielding, ultra-short term fixed income instruments, while also employing a put-and-call options strategy. The fund seeks to generate additional income by selling short-term options.