SGI Enhanced Global Income ETF (NASDAQ:GINX) Short Interest Down 14.2% in January

SGI Enhanced Global Income ETF (NASDAQ:GINX) was the target of a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 10,900 shares, a decrease of 14.2% from the December 31st total of 12,700 shares. Based on an average daily volume of 9,500 shares, the days-to-cover ratio is presently 1.1 days.

SGI Enhanced Global Income ETF Stock Performance

Shares of NASDAQ GINX traded down $0.23 during mid-day trading on Friday, reaching $26.64. 16,239 shares of the company’s stock were exchanged, compared to its average volume of 16,197. The firm has a market capitalization of $80.72 million, a price-to-earnings ratio of 13.36 and a beta of 0.82. SGI Enhanced Global Income ETF has a 52-week low of $24.22 and a 52-week high of $27.51. The company’s 50-day moving average is $26.43 and its 200-day moving average is $26.49.

SGI Enhanced Global Income ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Thursday, December 19th were issued a dividend of $0.5409 per share. The ex-dividend date of this dividend was Thursday, December 19th.

SGI Enhanced Global Income ETF Company Profile

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.