SGI Enhanced Core ETF (NASDAQ:USDX) Stock Short Interest Rises 217.9%

SGI Enhanced Core ETF (NASDAQ:USDX) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 27,390 shares, an increase of 217.9% from the September 15th total of 8,616 shares. Based on an average daily trading volume, of 91,354 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are sold short.

SGI Enhanced Core ETF Stock Up 0.0%

Shares of NASDAQ USDX opened at $25.58 on Wednesday. The stock’s fifty day moving average price is $25.55 and its two-hundred day moving average price is $25.63. SGI Enhanced Core ETF has a one year low of $24.81 and a one year high of $26.25.

SGI Enhanced Core ETF Company Profile

The SGI Enhanced Core ETF (USDX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund enhanced yield by actively managing a portfolio of high-yielding, ultra-short term fixed income instruments, while also employing a put-and-call options strategy. The fund seeks to generate additional income by selling short-term options. USDX was launched on Feb 29, 2024 and is issued by Summit Global Investments.