Short Interest in Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) Rises By 92.9%

Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 8,528 shares, an increase of 92.9% from the December 15th total of 4,421 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 3,967 shares, the short-interest ratio is currently 2.1 days. Based on an average daily trading volume, of 3,967 shares, the short-interest ratio is currently 2.1 days. Approximately 0.5% of the company’s shares are sold short.

Institutional Investors Weigh In On Strategas Global Policy Opportunities ETF

An institutional investor recently raised its position in Strategas Global Policy Opportunities ETF stock. Jaffetilchin Investment Partners LLC boosted its position in Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) by 3.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 13,328 shares of the company’s stock after acquiring an additional 413 shares during the period. Jaffetilchin Investment Partners LLC owned 0.75% of Strategas Global Policy Opportunities ETF worth $452,000 at the end of the most recent reporting period.

Strategas Global Policy Opportunities ETF Stock Performance

SAGP stock traded up $0.05 during trading on Thursday, hitting $35.91. 5,014 shares of the company traded hands, compared to its average volume of 10,760. The company has a 50-day moving average of $34.40 and a 200-day moving average of $34.00. Strategas Global Policy Opportunities ETF has a 1 year low of $26.99 and a 1 year high of $35.92. The firm has a market capitalization of $63.91 million, a PE ratio of 20.47 and a beta of 0.79.

Strategas Global Policy Opportunities ETF Announces Dividend

The company also recently announced an annual dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were paid a $0.9726 dividend. This represents a dividend yield of 285.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

About Strategas Global Policy Opportunities ETF

The Strategas Global Policy Opportunities ETF (SAGP) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in various global stocks engaged in lobbying activities with the US federal government. SAGP was launched on Jan 24, 2022 and is managed by Strategas.