SGI Dynamic Tactical ETF (NASDAQ:DYTA) Sees Significant Decline in Short Interest

SGI Dynamic Tactical ETF (NASDAQ:DYTA) was the target of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 2,240 shares, a decline of 84.0% from the May 14th total of 14,021 shares. Based on an average trading volume of 9,909 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

SGI Dynamic Tactical ETF Stock Performance

Shares of NASDAQ DYTA traded down $0.23 during trading on Wednesday, hitting $30.85. 4,127 shares of the company were exchanged, compared to its average volume of 16,713. SGI Dynamic Tactical ETF has a 12-month low of $26.96 and a 12-month high of $31.75. The company has a fifty day moving average price of $30.19 and a 200-day moving average price of $29.58. The firm has a market capitalization of $97.79 million, a PE ratio of 21.31 and a beta of 0.74.

About SGI Dynamic Tactical ETF

The SGI Dynamic Tactical ETF (DYTA) is an exchange-traded fund that mostly invests in total market equity. The fund is an active fund-of-funds, a non-transparent ETF that seeks capital appreciation by investing in global equity securities while attempting to reduce risk by tactically changing exposure to other asset classes. The fund utilizes the Blue Tractor non-transparent model. DYTA was launched on Mar 30, 2023 and is managed by Summit Global Investments.