Short Interest in SGI Enhanced Core ETF (NASDAQ:USDX) Rises By 215.0%

SGI Enhanced Core ETF (NASDAQ:USDX) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 1,238 shares, a growth of 215.0% from the April 30th total of 393 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 71,701 shares, the days-to-cover ratio is currently 0.0 days.

SGI Enhanced Core ETF Price Performance

SGI Enhanced Core ETF stock opened at $25.81 on Friday. SGI Enhanced Core ETF has a twelve month low of $25.22 and a twelve month high of $26.06. The firm has a 50 day moving average price of $25.74 and a 200-day moving average price of $25.72.

SGI Enhanced Core ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 28th were paid a $0.09 dividend. The ex-dividend date was Thursday, May 28th.

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. USDX was launched on Feb 29, 2024 and is issued by Summit Global Investments.