Short Interest in Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) Declines By 28.9%

Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) was the target of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 54 shares, a drop of 28.9% from the January 15th total of 76 shares. Based on an average daily trading volume, of 692 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 692 shares, the short-interest ratio is currently 0.1 days.

Day Hagan Smart Sector Fixed Income ETF Stock Up 0.2%

Day Hagan Smart Sector Fixed Income ETF stock traded up $0.04 on Friday, hitting $21.69. The company’s stock had a trading volume of 23 shares, compared to its average volume of 19,341. Day Hagan Smart Sector Fixed Income ETF has a one year low of $20.92 and a one year high of $21.84. The company has a fifty day moving average price of $21.57 and a 200-day moving average price of $21.62. The firm has a market cap of $30.58 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. Investors of record on Monday, December 29th were given 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. The ex-dividend date was Monday, December 29th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 5.3%.

Hedge Funds Weigh In On Day Hagan Smart Sector Fixed Income ETF

An institutional investor recently bought a new position in Day Hagan Smart Sector Fixed Income ETF stock. JPMorgan Chase & Co. acquired a new stake in Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) during the third quarter, according to its most recent filing with the SEC. The firm acquired 3,302 shares of the company’s stock, valued at approximately $71,000. JPMorgan Chase & Co. owned about 0.20% of Day Hagan Smart Sector Fixed Income ETF as of its most recent filing with the 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.