ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) Short Interest Down 84.9% in June

ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 39 shares, a decrease of 84.9% from the May 31st total of 258 shares. Based on an average daily volume of 5,934 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

ETC 6 Meridian Low Beta Equity Strategy ETF Stock Up 1.5%

SIXL traded up $0.60 during trading on Friday, hitting $39.41. The company’s stock had a trading volume of 1,202 shares, compared to its average volume of 3,745. The stock’s fifty day moving average price is $38.28 and its 200-day moving average price is $38.07. The firm has a market capitalization of $198.23 million, a P/E ratio of 17.82 and a beta of 0.57. ETC 6 Meridian Low Beta Equity Strategy ETF has a twelve month low of $35.69 and a twelve month high of $39.75.

About ETC 6 Meridian Low Beta Equity Strategy ETF

The ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of US stocks selected for fundamental factors of growth and low volatility. Securities are equally weighted. SIXL was launched on May 11, 2020 and is managed by Meridian.