SGI Enhanced Core ETF (NASDAQ:USDX) Short Interest Down 56.6% in February

SGI Enhanced Core ETF (NASDAQ:USDX) was the recipient of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 11,600 shares, a drop of 56.6% from the January 31st total of 26,700 shares. Based on an average daily volume of 119,200 shares, the short-interest ratio is currently 0.1 days.

SGI Enhanced Core ETF Stock Performance

NASDAQ:USDX opened at $25.64 on Friday. SGI Enhanced Core ETF has a 12 month low of $23.92 and a 12 month high of $26.44. The company’s 50-day moving average price is $25.71 and its two-hundred day moving average price is $25.92.

SGI Enhanced Core ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 27th. Stockholders of record on Wednesday, February 26th were issued a $0.0937 dividend. The ex-dividend date of this dividend was Wednesday, February 26th.

Institutional Investors Weigh In On SGI Enhanced Core ETF

An institutional investor recently bought a new position in SGI Enhanced Core ETF stock. Flow Traders U.S. LLC bought a new position in shares of SGI Enhanced Core ETF (NASDAQ:USDX) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 15,230 shares of the company’s stock, valued at approximately $396,000. Flow Traders U.S. LLC owned about 0.26% of SGI Enhanced Core ETF as of its most recent filing with the Securities & Exchange Commission.

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.