SGI Enhanced Global Income ETF (NASDAQ:GINX) Sees Large Growth in Short Interest

Posted by Defense World Staff on Mar 14th, 2025

SGI Enhanced Global Income ETF (NASDAQ:GINX – Get Free Report) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 18,200 shares, an increase of 4,450.0% from the February 13th total of 400 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 22,800 shares, the short-interest ratio is presently 0.8 days.

SGI Enhanced Global Income ETF Price Performance

GINX stock opened at $26.95 on Friday. SGI Enhanced Global Income ETF has a one year low of $24.22 and a one year high of $27.70. The firm has a 50 day simple moving average of $26.73 and a two-hundred day simple moving average of $26.67. The stock has a market cap of $82.20 million, a PE ratio of 13.75 and a beta of 0.82.

SGI Enhanced Global Income ETF Announces Dividend

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

Institutional Trading of SGI Enhanced Global Income ETF

A hedge fund recently raised its stake in SGI Enhanced Global Income ETF stock. Betterment LLC lifted its position in SGI Enhanced Global Income ETF (NASDAQ:GINX – Free Report) by 22.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 49,380 shares of the company’s stock after purchasing an additional 8,904 shares during the period. Betterment LLC owned about 1.62% of SGI Enhanced Global Income ETF worth $1,272,000 as of its most recent SEC filing.

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.