SGI Enhanced Core ETF (NASDAQ:USDX) Sees Significant Growth in Short Interest

SGI Enhanced Core ETF (NASDAQ:USDX) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 16,800 shares, an increase of 250.0% from the December 31st total of 4,800 shares. Based on an average trading volume of 52,200 shares, the days-to-cover ratio is presently 0.3 days.

SGI Enhanced Core ETF Stock Up 0.1 %

USDX stock traded up $0.02 on Friday, hitting $25.61. 146,637 shares of the company’s stock traded hands, compared to its average volume of 197,197. SGI Enhanced Core ETF has a 1-year low of $23.92 and a 1-year high of $26.44. The stock has a fifty day moving average of $25.98 and a 200-day moving average of $25.91.

SGI Enhanced Core ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 30th. Stockholders of record on Wednesday, January 29th were paid a dividend of $0.095 per share. The ex-dividend date was Wednesday, January 29th.

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 purchased a new position in SGI Enhanced Core ETF (NASDAQ:USDX) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 15,230 shares of the company’s stock, valued at approximately $396,000. Flow Traders U.S. LLC owned approximately 0.26% of SGI Enhanced Core ETF at the end of the most recent quarter.

About SGI Enhanced Core ETF

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.