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

SGI Dynamic Tactical ETF (NASDAQ:DYTA) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 700 shares, a drop of 46.2% from the January 31st total of 1,300 shares. Based on an average daily volume of 14,000 shares, the days-to-cover ratio is currently 0.1 days.

SGI Dynamic Tactical ETF Stock Performance

Shares of NASDAQ:DYTA traded down $0.27 during midday trading on Monday, reaching $28.11. The company had a trading volume of 12,262 shares, compared to its average volume of 13,382. SGI Dynamic Tactical ETF has a 1-year low of $27.00 and a 1-year high of $32.36. The firm has a market cap of $62.69 million, a price-to-earnings ratio of 22.49 and a beta of 0.82. The company has a fifty day simple moving average of $28.49 and a two-hundred day simple moving average of $30.12.

SGI Dynamic Tactical ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 30th were given a dividend of $2.9967 per share. The ex-dividend date was Monday, December 30th. This is a positive change from SGI Dynamic Tactical ETF’s previous dividend of $0.24.

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.