Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) Short Interest Update

Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 3,689 shares, a drop of 53.2% from the May 31st total of 7,878 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,698 shares, the short-interest ratio is presently 2.2 days.

Day Hagan Smart Sector Fixed Income ETF Stock Performance

SSFI traded down $0.04 during midday trading on Wednesday, hitting $21.28. The stock had a trading volume of 31,438 shares, compared to its average volume of 19,317. Day Hagan Smart Sector Fixed Income ETF has a 1 year low of $21.07 and a 1 year high of $21.84. The business has a fifty day moving average of $21.40 and a 200 day moving average of $21.48. The company has a market cap of $21.92 million, a P/E ratio of 7.26 and a beta of 0.26.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Day Hagan Smart Sector Fixed Income ETF stock. JPMorgan Chase & Co. purchased a new stake in shares of Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,302 shares of the company’s stock, valued at approximately $71,000. JPMorgan Chase & Co. owned 0.20% of Day Hagan Smart Sector Fixed Income ETF at the end of the most recent reporting period.

Day Hagan Smart Sector Fixed Income ETF Company Profile

The Day Hagan\u002FNed Davis Research Smart Sector Fixed Income ETF (SSFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that uses a proprietary model to allocate exposure to fixed income sectors. SSFI was launched on Sep 29, 2021 and is managed by Day Hagan.