SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) Shares Shorted: Short Interest Up 155.6% in September

SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 8,886 shares, an increase of 155.6% from the August 31st total of 3,476 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,597 shares, the days-to-cover ratio is currently 3.4 days.

SGI Enhanced Market Leaders ETF Trading Down 1.5%

LDRX stock traded down $0.56 during trading hours on Monday, hitting $36.77. 408 shares of the stock traded hands, compared to its average volume of 9,481. The stock has a 50-day simple moving average of $36.43 and a 200 day simple moving average of $34.90. The company has a market cap of $260.66 million, a P/E ratio of 20.50 and a beta of 1.15. SGI Enhanced Market Leaders ETF has a one year low of $29.65 and a one year high of $37.46.

SGI Enhanced Market Leaders ETF Company Profile

The SGI Enhanced Market Leaders ETF is an actively managed exchange-traded fund that seeks capital appreciation and current income. The fund primarily invests in large-capitalization companies listed within the Russell 1000® Index or S&P 500® Index, focusing on those considered “market leaders” based on strengthening business metrics and favorable quantitative factors. Additionally, the fund employs an options strategy, writing deep out-of-the-money put and call options with short durations (typically 1–7 days) to generate additional income.