Short Interest in SGI U.S. Large Cap Core ETF (NYSEARCA:SGLC) Expands By 46.0%

SGI U.S. Large Cap Core ETF (NYSEARCA:SGLC) was the target of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 9,579 shares, a growth of 46.0% from the February 26th total of 6,561 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 15,759 shares, the days-to-cover ratio is presently 0.6 days.

SGI U.S. Large Cap Core ETF Stock Down 2.0%

SGLC stock traded down $0.72 during midday trading on Friday, hitting $36.17. The company’s stock had a trading volume of 119,291 shares, compared to its average volume of 31,286. The stock has a market cap of $113.57 million, a price-to-earnings ratio of 25.16 and a beta of 1.01. The stock’s 50-day moving average price is $38.81 and its 200 day moving average price is $37.98. SGI U.S. Large Cap Core ETF has a 1 year low of $27.48 and a 1 year high of $41.09.

About SGI U.S. Large Cap Core ETF

The Rbb Fund Inc – Sgi U.S Large Cap Core Equity Fund (SGLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed, non-transparent ETF that invests in US large-cap equities firms considered to be within the range of companies in the Russell 1000 and S&P 500 index. The fund utilizes the Blue Tractor non-transparent model. SGLC was launched on Mar 31, 2023 and is managed by Summit Global Investments.