SGI Enhanced Global Income ETF (NASDAQ:GINX) Sees Large Decrease in Short Interest

SGI Enhanced Global Income ETF (NASDAQ:GINX) saw a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 10,900 shares, a decrease of 14.2% from the December 15th total of 12,700 shares. Based on an average daily trading volume, of 9,500 shares, the days-to-cover ratio is presently 1.1 days.

SGI Enhanced Global Income ETF Price Performance

Shares of GINX stock traded up $0.19 during trading hours on Friday, hitting $26.42. The company had a trading volume of 4,701 shares, compared to its average volume of 18,600. SGI Enhanced Global Income ETF has a fifty-two week low of $24.22 and a fifty-two week high of $27.51. The company’s fifty day moving average is $26.40 and its 200 day moving average is $26.47. The stock has a market capitalization of $76.62 million, a PE ratio of 13.36 and a beta of 0.82.

SGI Enhanced Global Income ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Thursday, December 19th were paid a dividend of $0.5409 per share. The ex-dividend date of this dividend was Thursday, December 19th.

About SGI Enhanced Global Income ETF

The SGI Global Enhanced Income ETF (GINX) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of global companies while employing a put-and-call options strategy. The fund seeks to generate income from dividends and selling short-term options. GINX was launched on Feb 29, 2024 and is issued by Summit Global Investments.