GraniteShares Autocallable SMCI ETF (NASDAQ:SCA) Sees Large Decline in Short Interest

GraniteShares Autocallable SMCI ETF (NASDAQ:SCA – Get Free Report) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 1,972 shares, a drop of 66.7% from the August 31st total of 5,926 shares. Based on an average trading volume of 3,001 shares, the days-to-cover ratio is presently 0.7 days. Currently, 2.8% of the shares of the stock are short sold.

GraniteShares Autocallable SMCI ETF Stock Performance

SCA traded up $0.10 on Tuesday, reaching $25.99. The company’s stock had a trading volume of 4,921 shares, compared to its average volume of 1,368. The firm has a 50 day moving average of $23.99. GraniteShares Autocallable SMCI ETF has a 1 year low of $18.08 and a 1 year high of $26.81.

GraniteShares Autocallable SMCI ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 11th. Stockholders of record on Wednesday, September 9th were paid a $0.7933 dividend. This represents a $9.52 dividend on an annualized basis and a dividend yield of 36.6%. This is a decrease from GraniteShares Autocallable SMCI ETF’s previous monthly dividend of $0.8104. The ex-dividend date was Wednesday, September 9th.

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