Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) Short Interest Update

Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 17,152 shares, an increase of 383.4% from the July 15th total of 3,548 shares. Based on an average daily volume of 109,464 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On Bahl & Gaynor Income Growth ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Arkadios Wealth Advisors bought a new position in Bahl & Gaynor Income Growth ETF during the first quarter worth about $787,000. Anchor Investment Management LLC bought a new stake in shares of Bahl & Gaynor Income Growth ETF in the first quarter valued at approximately $126,000. Janney Montgomery Scott LLC purchased a new stake in shares of Bahl & Gaynor Income Growth ETF during the 1st quarter valued at approximately $933,000. AdvisorNet Financial Inc purchased a new stake in shares of Bahl & Gaynor Income Growth ETF during the 1st quarter valued at approximately $80,000. Finally, Lcnb Corp purchased a new stake in shares of Bahl & Gaynor Income Growth ETF during the 4th quarter valued at approximately $226,000.

Bahl & Gaynor Income Growth ETF Stock Performance

NYSEARCA:BGIG traded down $0.10 during trading hours on Friday, reaching $37.47. The stock had a trading volume of 30,624 shares, compared to its average volume of 98,656. The stock has a market cap of $2.27 billion, a P/E ratio of 22.85 and a beta of 0.53. The stock has a 50 day simple moving average of $36.08 and a 200 day simple moving average of $34.88. Bahl & Gaynor Income Growth ETF has a 12-month low of $31.03 and a 12-month high of $37.73.

About Bahl & Gaynor Income Growth ETF

The Bahl & Gaynor Income Growth ETF (BGIG) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in US large cap companies with a reliable dividend stream. The fund uses a bottom-up approach to select companies that are perceived to have strong fundamentals BGIG was launched on Sep 15, 2023 and is issued by Bahl & Gaynor.