Short Interest in Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) Declines By 47.9%

Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 2,518 shares, a decline of 47.9% from the June 30th total of 4,833 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 2,824 shares, the days-to-cover ratio is currently 0.9 days.

Strategas Global Policy Opportunities ETF Stock Down 0.9%

Shares of SAGP traded down $0.32 during mid-day trading on Friday, reaching $36.56. The company had a trading volume of 2,820 shares, compared to its average volume of 7,115. The stock has a market capitalization of $78.97 million, a P/E ratio of 20.47 and a beta of 0.74. Strategas Global Policy Opportunities ETF has a 52-week low of $32.31 and a 52-week high of $37.21. The stock has a 50 day moving average of $35.47 and a two-hundred day moving average of $35.42.

Institutional Investors Weigh In On Strategas Global Policy Opportunities ETF

A hedge fund recently raised its position in Strategas Global Policy Opportunities ETF stock. Jaffetilchin Investment Partners LLC lifted its position in shares of Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) by 3.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,328 shares of the company’s stock after purchasing an additional 413 shares during the quarter. Jaffetilchin Investment Partners LLC owned 0.75% of Strategas Global Policy Opportunities ETF worth $452,000 as of its most recent SEC filing.

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.