SGI Enhanced Global Income ETF (NASDAQ:GINX) Short Interest Update

SGI Enhanced Global Income ETF (NASDAQ:GINX) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 5,000 shares, a decrease of 72.5% from the February 28th total of 18,200 shares. Based on an average daily volume of 27,000 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Investors Weigh In On SGI Enhanced Global Income ETF

A hedge fund recently raised its stake in SGI Enhanced Global Income ETF stock. Betterment LLC boosted its position in SGI Enhanced Global Income ETF (NASDAQ:GINX) by 22.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 49,380 shares of the company’s stock after buying an additional 8,904 shares during the quarter. Betterment LLC owned approximately 1.62% of SGI Enhanced Global Income ETF worth $1,272,000 at the end of the most recent reporting period.

SGI Enhanced Global Income ETF Trading Down 0.1 %

GINX stock opened at $27.63 on Thursday. The firm has a market cap of $80.68 million, a PE ratio of 13.73 and a beta of 0.82. SGI Enhanced Global Income ETF has a 1 year low of $24.22 and a 1 year high of $27.81. The company has a fifty day simple moving average of $27.08 and a 200 day simple moving average of $26.74.

About SGI Enhanced Global Income ETF

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.