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

Posted by Patrick Bannon on Jan 19th, 2025

SGI Enhanced Global Income ETF (NASDAQ:GINX – Get Free Report) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 10,900 shares, a drop of 14.2% from the December 15th total of 12,700 shares. Based on an average trading volume of 9,500 shares, the short-interest ratio is presently 1.1 days.

SGI Enhanced Global Income ETF Trading Up 0.7 %

Shares of NASDAQ:GINX traded up $0.19 during trading on Friday, reaching $26.42. The company’s stock had a trading volume of 4,701 shares, compared to its average volume of 18,600. SGI Enhanced Global Income ETF has a 12 month low of $24.22 and a 12 month high of $27.51. The firm’s 50 day simple moving average is $26.40 and its two-hundred day simple moving average is $26.47. The stock has a market capitalization of $76.62 million, a PE ratio of 13.36 and a beta of 0.82.

SGI Enhanced Global Income ETF Dividend Announcement

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

SGI Enhanced Global Income ETF Company Profile

(Get Free Report)

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.