SGI Enhanced Global Income ETF (NASDAQ:GINX – Get Free Report) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 10,900 shares, a drop of 14.2% from the December 15th total of 12,700 shares. Based on an average daily volume of 9,500 shares, the days-to-cover ratio is currently 1.1 days.
SGI Enhanced Global Income ETF Price Performance
SGI Enhanced Global Income ETF stock traded up $0.19 during trading on Friday, reaching $26.42. 4,701 shares of the company were exchanged, compared to its average volume of 18,600. The stock’s 50 day simple moving average is $26.40 and its two-hundred day simple moving average is $26.47. The company has a market capitalization of $76.62 million, a P/E ratio of 13.36 and a beta of 0.82. SGI Enhanced Global Income ETF has a 52-week low of $24.22 and a 52-week high of $27.51.
SGI Enhanced Global Income ETF Dividend Announcement
The business also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Thursday, December 19th were issued a dividend of $0.5409 per share. The ex-dividend date of this dividend was Thursday, December 19th.
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.
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