SGI Enhanced Global Income ETF (NASDAQ:GINX) Sees Significant Decrease in Short Interest

SGI Enhanced Global Income ETF (NASDAQ:GINX) saw a large decrease in short interest in December. As of December 15th, there was short interest totalling 12,700 shares, a decrease of 58.6% from the November 30th total of 30,700 shares. Based on an average trading volume of 8,600 shares, the days-to-cover ratio is currently 1.5 days.

SGI Enhanced Global Income ETF Stock Performance

Shares of NASDAQ GINX traded down $0.03 during mid-day trading on Friday, reaching $25.79. 19,553 shares of the company traded hands, compared to its average volume of 18,801. The company’s fifty day moving average is $26.66 and its two-hundred day moving average is $26.48. SGI Enhanced Global Income ETF has a fifty-two week low of $24.22 and a fifty-two week high of $27.51. The stock has a market cap of $68.09 million, a PE ratio of 13.36 and a beta of 0.82.

SGI Enhanced Global Income ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Thursday, December 19th were given a $0.5409 dividend. The ex-dividend date was Thursday, December 19th.

About SGI Enhanced Global Income ETF

The SGI Global Enhanced Income ETF (GINX) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of global companies while employing a put-and-call options strategy. The fund seeks to generate income from dividends and selling short-term options. GINX was launched on Feb 29, 2024 and is issued by Summit Global Investments.