Short Interest in Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) Decreases By 53.2%

Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFIGet Free Report) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 3,689 shares, a drop of 53.2% from the May 31st total of 7,878 shares. Based on an average trading volume of 1,698 shares, the short-interest ratio is presently 2.2 days. Currently, 0.4% of the company’s stock are sold short.

Day Hagan Smart Sector Fixed Income ETF Stock Performance

Shares of NYSEARCA SSFI traded down $0.07 during midday trading on Tuesday, hitting $21.32. 626 shares of the stock traded hands, compared to its average volume of 19,219. The company has a market cap of $21.96 million, a PE ratio of 7.26 and a beta of 0.26. Day Hagan Smart Sector Fixed Income ETF has a one year low of $21.07 and a one year high of $21.84. The business has a 50 day moving average price of $21.40 and a two-hundred day moving average price of $21.48.

Hedge Funds Weigh In On Day Hagan Smart Sector Fixed Income ETF

An institutional investor recently bought a new position in Day Hagan Smart Sector Fixed Income ETF stock. JPMorgan Chase & Co. acquired a new position in shares of Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFIFree Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,302 shares of the company’s stock, valued at approximately $71,000. JPMorgan Chase & Co. owned approximately 0.20% of Day Hagan Smart Sector Fixed Income ETF as of its most recent filing with the Securities and Exchange Commission.

About Day Hagan Smart Sector Fixed Income ETF

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The Day Hagan\u002FNed Davis Research Smart Sector Fixed Income ETF (SSFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that uses a proprietary model to allocate exposure to fixed income sectors. SSFI was launched on Sep 29, 2021 and is managed by Day Hagan.

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