Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) Short Interest Up 131.8% in May

Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 7,878 shares, a growth of 131.8% from the May 14th total of 3,399 shares. Based on an average daily trading volume, of 34,762 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.8% of the shares of the stock are short sold.

Day Hagan Smart Sector Fixed Income ETF Price Performance

Day Hagan Smart Sector Fixed Income ETF stock opened at $21.48 on Monday. Day Hagan Smart Sector Fixed Income ETF has a 52-week low of $21.07 and a 52-week high of $21.84. The firm has a market capitalization of $22.12 million, a price-to-earnings ratio of 7.26 and a beta of 0.26. The company has a fifty day simple moving average of $21.38 and a 200-day simple moving average of $21.50.

Institutional Investors Weigh In On Day Hagan Smart Sector Fixed Income ETF

A hedge fund recently bought a new stake in Day Hagan Smart Sector Fixed Income ETF stock. JPMorgan Chase & Co. acquired a new stake in Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 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 quarter.

About Day Hagan Smart Sector Fixed Income ETF

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.