SGI Enhanced Core ETF (NASDAQ:USDX) Short Interest Down 78.9% in December

SGI Enhanced Core ETF (NASDAQ:USDX) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 4,800 shares, a drop of 78.9% from the November 30th total of 22,800 shares. Based on an average daily trading volume, of 40,300 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On SGI Enhanced Core ETF

An institutional investor recently bought a new position in SGI Enhanced Core ETF stock. Flow Traders U.S. LLC bought a new stake in SGI Enhanced Core ETF (NASDAQ:USDX) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 15,230 shares of the company’s stock, valued at approximately $396,000. Flow Traders U.S. LLC owned 0.26% of SGI Enhanced Core ETF at the end of the most recent quarter.

SGI Enhanced Core ETF Stock Performance

NASDAQ USDX traded up $0.01 during trading on Friday, hitting $26.38. The stock had a trading volume of 76,017 shares, compared to its average volume of 47,276. The firm has a 50 day moving average price of $26.23 and a 200 day moving average price of $25.89. SGI Enhanced Core ETF has a twelve month low of $23.92 and a twelve month high of $26.44.

SGI Enhanced Core ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 2nd. Investors of record on Tuesday, October 1st were paid a dividend of $0.083 per share. This represents a $0.33 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend was Tuesday, October 1st.

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.