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

SGI Dynamic Tactical ETF (NASDAQ:DYTA) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 3,400 shares, a growth of 385.7% from the February 13th total of 700 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 19,200 shares, the short-interest ratio is currently 0.2 days.

SGI Dynamic Tactical ETF Stock Performance

Shares of DYTA opened at $27.48 on Thursday. SGI Dynamic Tactical ETF has a 52-week low of $27.00 and a 52-week high of $32.36. The firm has a market cap of $61.28 million, a price-to-earnings ratio of 22.49 and a beta of 0.82. The business’s fifty day moving average is $28.22 and its 200-day moving average is $29.99.

SGI Dynamic Tactical ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 30th were given a $2.9967 dividend. The ex-dividend date of this dividend was Monday, December 30th. This is a boost 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.