SGI Enhanced Global Income ETF (NASDAQ:GINX) Sees Large Growth in Short Interest

SGI Enhanced Global Income ETF (NASDAQ:GINX) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 7,323 shares, a growth of 105.4% from the September 15th total of 3,565 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 8,549 shares, the days-to-cover ratio is currently 0.9 days.

SGI Enhanced Global Income ETF Price Performance

Shares of NASDAQ:GINX opened at $35.60 on Wednesday. SGI Enhanced Global Income ETF has a 1 year low of $29.06 and a 1 year high of $37.38. The company has a market cap of $103.95 million, a PE ratio of 13.81 and a beta of 0.47. The stock’s 50-day moving average is $36.44 and its 200 day moving average is $35.22.

About SGI Enhanced Global Income ETF

The SGI Global Enhanced Income ETF (GINX) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of global companies while employing a put-and-call options strategy. The fund seeks to generate income from dividends and selling short-term options. GINX was launched on Feb 29, 2024 and is issued by Summit Global Investments.