SGI Dynamic Tactical ETF (NASDAQ:DYTA) Sees Large Increase in Short Interest

SGI Dynamic Tactical ETF (NASDAQ:DYTA) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 3,400 shares, an increase of 385.7% from the February 13th total of 700 shares. Based on an average daily volume of 19,200 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are short sold.

SGI Dynamic Tactical ETF Stock Down 0.1 %

DYTA traded down $0.02 during trading on Wednesday, hitting $27.48. The company had a trading volume of 23,891 shares, compared to its average volume of 13,820. The firm’s 50-day moving average price is $28.22 and its 200 day moving average price is $30.01. The company has a market capitalization of $61.28 million, a PE ratio of 22.49 and a beta of 0.82. SGI Dynamic Tactical ETF has a one year low of $27.00 and a one year high of $32.36.

SGI Dynamic Tactical ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 30th were given a $2.9967 dividend. The ex-dividend date of this dividend was Monday, December 30th. This is an increase from SGI Dynamic Tactical ETF’s previous dividend of $0.24.

About SGI Dynamic Tactical ETF

The SGI Dynamic Tactical ETF (DYTA) is an exchange-traded fund that mostly invests in total market equity. The fund is an active fund-of-funds, a non-transparent ETF that seeks capital appreciation by investing in global equity securities while attempting to reduce risk by tactically changing exposure to other asset classes.