ETC 6 Meridian Quality Growth ETF (NYSEARCA:SXQG) Sees Significant Increase in Short Interest

ETC 6 Meridian Quality Growth ETF (NYSEARCA:SXQGGet Free Report) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 2,205 shares, a growth of 704.7% from the April 15th total of 274 shares. Based on an average daily trading volume, of 6,276 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the company’s stock are short sold.

ETC 6 Meridian Quality Growth ETF Price Performance

SXQG traded down $0.08 on Wednesday, hitting $31.51. The company had a trading volume of 113 shares, compared to its average volume of 3,463. ETC 6 Meridian Quality Growth ETF has a 52-week low of $29.10 and a 52-week high of $33.92. The stock has a fifty day simple moving average of $31.01 and a 200-day simple moving average of $32.05. The firm has a market capitalization of $65.54 million, a P/E ratio of 28.56 and a beta of 1.00.

ETC 6 Meridian Quality Growth ETF Company Profile

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The ETC 6 Meridian Quality Growth ETF (SXQG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund of US-based companies that exhibit high quality and growth characteristics relative to their peers. SXQG was launched on May 10, 2021 and is managed by Meridian.

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