Short Interest in SGI Enhanced Core ETF (NASDAQ:USDX) Increases By 250.0%

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

Institutional Trading of SGI Enhanced Core ETF

An institutional investor recently bought a new position in SGI Enhanced Core ETF stock. Flow Traders U.S. LLC acquired a new position in SGI Enhanced Core ETF (NASDAQ:USDX) in the 3rd quarter, according to the company in its most recent filing 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 approximately 0.26% of SGI Enhanced Core ETF as of its most recent SEC filing.

SGI Enhanced Core ETF Stock Up 0.0 %

Shares of USDX stock opened at $25.60 on Tuesday. The company has a 50-day simple moving average of $26.13 and a 200 day simple moving average of $25.90. SGI Enhanced Core ETF has a 52 week low of $23.92 and a 52 week high of $26.44.

SGI Enhanced Core ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 30th were paid a $0.8681 dividend. The ex-dividend date of this dividend was Monday, December 30th.

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.