SGI Dynamic Tactical ETF (NASDAQ:DYTA) Sees Significant Decrease in Short Interest

SGI Dynamic Tactical ETF (NASDAQ:DYTA) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 9,576 shares, a drop of 41.8% from the September 30th total of 16,465 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 7,937 shares, the days-to-cover ratio is currently 1.2 days.

SGI Dynamic Tactical ETF Trading Down 1.4%

Shares of DYTA traded down $0.44 on Friday, reaching $31.00. 13,510 shares of the company’s stock were exchanged, compared to its average volume of 13,262. The stock has a market capitalization of $108.19 million, a P/E ratio of 21.31 and a beta of 0.73. The business has a 50 day moving average price of $31.61 and a two-hundred day moving average price of $30.60. SGI Dynamic Tactical ETF has a 12 month low of $26.96 and a 12 month high of $32.26.

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. The fund utilizes the Blue Tractor non-transparent model. DYTA was launched on Mar 30, 2023 and is managed by Summit Global Investments.