Short Interest in SGI Enhanced Core ETF (NASDAQ:USDX) Rises By 120.4%

SGI Enhanced Core ETF (NASDAQ:USDX) was the target of a significant increase in short interest in May. As of May 31st, there was short interest totalling 181,800 shares, an increase of 120.4% from the May 15th total of 82,500 shares. Currently, 1.0% of the shares of the stock are sold short. Based on an average daily volume of 175,200 shares, the short-interest ratio is presently 1.0 days.

SGI Enhanced Core ETF Stock Up 0.0%

Shares of USDX stock traded up $0.01 on Friday, reaching $25.67. 37,528 shares of the company were exchanged, compared to its average volume of 171,001. SGI Enhanced Core ETF has a 1 year low of $24.64 and a 1 year high of $26.44. The business has a 50-day moving average price of $25.60 and a 200 day moving average price of $25.74.

SGI Enhanced Core ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, May 29th. Shareholders of record on Wednesday, May 28th were issued a $0.0513 dividend. The ex-dividend date was Wednesday, May 28th.

About SGI Enhanced Core ETF

The SGI Enhanced Core ETF (USDX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund enhanced yield by actively managing a portfolio of high-yielding, ultra-short term fixed income instruments, while also employing a put-and-call options strategy. The fund seeks to generate additional income by selling short-term options.