SGI Enhanced Core ETF (NASDAQ:USDX) Short Interest Up 82.8% in August

SGI Enhanced Core ETF (NASDAQ:USDX) saw a significant increase in short interest in the month of August. As of August 15th, there was short interest totalling 42,600 shares, an increase of 82.8% from the July 31st total of 23,300 shares. Based on an average daily volume of 38,500 shares, the short-interest ratio is presently 1.1 days.

SGI Enhanced Core ETF Stock Performance

Shares of USDX stock remained flat at $25.80 on Friday. The stock had a trading volume of 30,083 shares, compared to its average volume of 52,094. The business has a fifty day simple moving average of $25.59. SGI Enhanced Core ETF has a 12 month low of $23.92 and a 12 month high of $26.19.

SGI Enhanced Core ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 2nd. Investors of record on Monday, July 1st were issued a $0.2248 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $0.90 annualized dividend and a yield of 3.48%.

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.