GraniteShares Autocallable SMCI ETF (NASDAQ:SCA) Short Interest Up 1,132.7% in June

GraniteShares Autocallable SMCI ETF (NASDAQ:SCA) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 2,071 shares, an increase of 1,132.7% from the June 15th total of 168 shares. Based on an average daily volume of 279 shares, the short-interest ratio is presently 7.4 days. Currently, 5.2% of the shares of the company are sold short.

GraniteShares Autocallable SMCI ETF Price Performance

NASDAQ SCA traded up $0.09 on Friday, hitting $20.51. The company had a trading volume of 119 shares, compared to its average volume of 421. GraniteShares Autocallable SMCI ETF has a 12-month low of $19.50 and a 12-month high of $26.81.

GraniteShares Autocallable SMCI ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.8295 per share. This represents a c) annualized dividend and a yield of 48.5%. The ex-dividend date was Wednesday, July 1st.

Insider Transactions at GraniteShares Autocallable SMCI ETF

In other GraniteShares Autocallable SMCI ETF news, Director J Tim Arnoult bought 9,000 shares of the company’s stock in a transaction dated Tuesday, May 19th. The shares were purchased at an average cost of $9.05 per share, for a total transaction of $81,450.00. Following the transaction, the director directly owned 50,869 shares of the company’s stock, valued at approximately $460,364.45. The trade was a 21.50% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have acquired 10,700 shares of company stock worth $96,523 over the last quarter.