SGI Enhanced Core ETF (NASDAQ:USDX) Short Interest Up 341.4% in February

SGI Enhanced Core ETF (NASDAQ:USDX) saw a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 51,200 shares, a growth of 341.4% from the February 13th total of 11,600 shares. Based on an average daily volume of 137,300 shares, the short-interest ratio is presently 0.4 days. Currently, 0.7% of the company’s stock are short sold.

Hedge Funds Weigh In On SGI Enhanced Core ETF

An institutional investor recently bought a new position in SGI Enhanced Core ETF stock. Flow Traders U.S. LLC bought a new position in shares of SGI Enhanced Core ETF (NASDAQ:USDX) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 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 at the end of the most recent quarter.

SGI Enhanced Core ETF Trading Up 0.1 %

NASDAQ USDX opened at $25.69 on Thursday. SGI Enhanced Core ETF has a 12-month low of $24.64 and a 12-month high of $26.44. The firm’s 50 day moving average is $25.63 and its 200-day moving average is $25.92.

SGI Enhanced Core ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 27th. Investors of record on Wednesday, February 26th were issued a dividend of $0.0937 per share. The ex-dividend date of this dividend was Wednesday, February 26th.

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.