SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) Sees Large Increase in Short Interest

SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQGet Free Report) was the recipient of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 9,500 shares, an increase of 313.0% from the November 15th total of 2,300 shares. Based on an average trading volume of 6,700 shares, the days-to-cover ratio is presently 1.4 days.

SGI Enhanced Nasdaq-100 ETF Stock Performance

Shares of QXQ traded down $0.09 during midday trading on Wednesday, hitting $28.05. The company had a trading volume of 13,254 shares, compared to its average volume of 8,849. The firm has a 50 day moving average price of $26.93. SGI Enhanced Nasdaq-100 ETF has a 52 week low of $23.43 and a 52 week high of $28.38.

SGI Enhanced Nasdaq-100 ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 2nd. Investors of record on Tuesday, October 1st were given a dividend of $0.054 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date was Tuesday, October 1st.

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