Short Interest in Day Hagan Smart Sector ETF (NYSEARCA:SSUS) Increases By 379.8%

Day Hagan Smart Sector ETF (NYSEARCA:SSUS) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 3,608 shares, a growth of 379.8% from the April 15th total of 752 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 14,962 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Day Hagan Smart Sector ETF

An institutional investor recently bought a new position in Day Hagan Smart Sector ETF stock. Accordant Advisory Group Inc acquired a new position in shares of Day Hagan Smart Sector ETF (NYSEARCA:SSUS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 755 shares of the company’s stock, valued at approximately $37,000.

Day Hagan Smart Sector ETF Price Performance

NYSEARCA SSUS traded down $0.46 on Friday, reaching $54.16. The company had a trading volume of 11,544 shares, compared to its average volume of 38,804. The firm has a market cap of $576.80 million, a price-to-earnings ratio of 30.46 and a beta of 0.85. The business has a 50 day moving average of $49.61 and a two-hundred day moving average of $49.23. Day Hagan Smart Sector ETF has a fifty-two week low of $41.92 and a fifty-two week high of $54.92.

Day Hagan Smart Sector ETF Company Profile

The Day Hagan\u002FNed Davis Research Smart Sector ETF (SSUS) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed US fund-of-funds that overweights and underweights 11 US large-cap sectors based on proprietary risk model. SSUS was launched on Jan 17, 2020 and is managed by Day Hagan.