Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) Sees Large Drop in Short Interest

Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 2,518 shares, a decrease of 47.9% from the June 30th total of 4,833 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,824 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Strategas Global Policy Opportunities ETF stock. Jaffetilchin Investment Partners LLC grew its stake in Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) by 3.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,328 shares of the company’s stock after acquiring an additional 413 shares during the period. Jaffetilchin Investment Partners LLC owned 0.75% of Strategas Global Policy Opportunities ETF worth $452,000 at the end of the most recent reporting period.

Strategas Global Policy Opportunities ETF Price Performance

Shares of NYSEARCA:SAGP traded up $0.02 during trading on Wednesday, hitting $36.97. The company had a trading volume of 1,474 shares, compared to its average volume of 7,183. Strategas Global Policy Opportunities ETF has a one year low of $32.31 and a one year high of $37.07. The stock has a market cap of $79.86 million, a price-to-earnings ratio of 20.47 and a beta of 0.74. The company has a fifty day simple moving average of $35.40 and a two-hundred day simple moving average of $35.40.

Strategas Global Policy Opportunities ETF Company Profile

The Strategas Global Policy Opportunities ETF (SAGP) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in various global stocks engaged in lobbying activities with the US federal government. SAGP was launched on Jan 24, 2022 and is managed by Strategas.