Intech S&P Large Cap Diversified Alpha ETF (NYSEARCA:LGDX) Shares Shorted: Short Interest Down 66.7% in October

Intech S&P Large Cap Diversified Alpha ETF (NYSEARCA:LGDX) saw a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 2,819 shares, a drop of 66.7% from the October 15th total of 8,453 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 3,663 shares, the days-to-cover ratio is presently 0.8 days.

Intech S&P Large Cap Diversified Alpha ETF Stock Performance

Shares of LGDX traded down $0.30 during midday trading on Friday, hitting $24.66. 26 shares of the stock traded hands, compared to its average volume of 1,990. Intech S&P Large Cap Diversified Alpha ETF has a 1-year low of $21.20 and a 1-year high of $26.12. The firm has a market capitalization of $139.09 million, a PE ratio of 21.56 and a beta of 0.97. The business’s 50 day moving average price is $25.38 and its two-hundred day moving average price is $24.41.

About Intech S&P Large Cap Diversified Alpha ETF

The Intech S&P Large Cap Diversified Alpha ETF (LGDX) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of US large-cap companies found in the S&P 500 Index. It utilizes volatility, correlation, profitability, and valuations to identify and select stocks. LGDX was launched on Feb 27, 2025 and is issued by Tidal.