Short Interest in Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) Rises By 74.6%

Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 29,946 shares, an increase of 74.6% from the July 30th total of 17,152 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 86,290 shares, the short-interest ratio is presently 0.3 days.

Bahl & Gaynor Income Growth ETF Price Performance

Shares of NYSEARCA BGIG opened at $36.70 on Monday. The company’s 50-day simple moving average is $36.45 and its 200-day simple moving average is $35.14. Bahl & Gaynor Income Growth ETF has a 52-week low of $31.14 and a 52-week high of $37.73. The firm has a market cap of $2.22 billion, a price-to-earnings ratio of 22.85 and a beta of 0.53.

Institutional Investors Weigh In On Bahl & Gaynor Income Growth ETF

Several institutional investors have recently bought and sold shares of the company. Arkadios Wealth Advisors purchased a new stake in Bahl & Gaynor Income Growth ETF during the 1st quarter worth approximately $787,000. Anchor Investment Management LLC purchased a new position in shares of Bahl & Gaynor Income Growth ETF in the first quarter valued at approximately $126,000. Janney Montgomery Scott LLC acquired a new stake in shares of Bahl & Gaynor Income Growth ETF in the first quarter worth approximately $933,000. AdvisorNet Financial Inc acquired a new stake in shares of Bahl & Gaynor Income Growth ETF in the first quarter worth approximately $80,000. Finally, Lcnb Corp acquired a new stake in shares of Bahl & Gaynor Income Growth ETF in the fourth quarter worth approximately $226,000.

About Bahl & Gaynor Income Growth ETF

The Bahl & Gaynor Income Growth ETF (BGIG) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in US large cap companies with a reliable dividend stream. The fund uses a bottom-up approach to select companies that are perceived to have strong fundamentals BGIG was launched on Sep 15, 2023 and is issued by Bahl & Gaynor.