Short Interest in Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) Rises By 261.9%

Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 76 shares, a growth of 261.9% from the December 31st total of 21 shares. Based on an average daily volume of 36,887 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 36,887 shares, the days-to-cover ratio is currently 0.0 days.

Day Hagan Smart Sector Fixed Income ETF Stock Performance

Shares of NYSEARCA SSFI traded up $0.10 during mid-day trading on Friday, hitting $21.50. The stock had a trading volume of 455 shares, compared to its average volume of 18,753. Day Hagan Smart Sector Fixed Income ETF has a 1 year low of $20.84 and a 1 year high of $21.84. The business has a 50 day moving average price of $21.61 and a two-hundred day moving average price of $21.59. The firm has a market cap of $30.32 million, a P/E ratio of 7.26 and a beta of 0.29.

Day Hagan Smart Sector Fixed Income ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Monday, December 29th were issued a dividend of $0.2888 per share. This is an increase from Day Hagan Smart Sector Fixed Income ETF’s previous quarterly dividend of $0.17. This represents a $1.16 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date was Monday, December 29th.

Institutional Investors Weigh In On Day Hagan Smart Sector Fixed Income ETF

A hedge fund recently bought a new stake in Day Hagan Smart Sector Fixed Income ETF stock. JPMorgan Chase & Co. bought a new stake in shares of Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,302 shares of the company’s stock, valued at approximately $71,000. JPMorgan Chase & Co. owned 0.20% of Day Hagan Smart Sector Fixed Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About Day Hagan Smart Sector Fixed Income ETF

The Day Hagan\u002FNed Davis Research Smart Sector Fixed Income ETF (SSFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that uses a proprietary model to allocate exposure to fixed income sectors. SSFI was launched on Sep 29, 2021 and is managed by Day Hagan.