Short Interest in SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) Declines By 59.8%

SGI Enhanced Market Leaders ETF (NASDAQ:LDRXGet Free Report) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 4,356 shares, a decline of 59.8% from the May 31st total of 10,835 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 5,683 shares, the days-to-cover ratio is currently 0.8 days.

SGI Enhanced Market Leaders ETF Trading Up 0.9%

NASDAQ LDRX traded up $0.30 on Monday, hitting $34.89. 4,523 shares of the stock traded hands, compared to its average volume of 11,717. The stock has a 50-day moving average of $35.15 and a 200 day moving average of $33.32. SGI Enhanced Market Leaders ETF has a twelve month low of $29.32 and a twelve month high of $36.56. The company has a market capitalization of $236.55 million, a P/E ratio of 20.50 and a beta of -1.13.

SGI Enhanced Market Leaders ETF Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 29th will be given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, June 29th.

About SGI Enhanced Market Leaders ETF

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The SGI Enhanced Market Leaders ETF is an actively managed exchange-traded fund that seeks capital appreciation and current income. The fund primarily invests in large-capitalization companies listed within the Russell 1000® Index or S&P 500® Index, focusing on those considered “market leaders” based on strengthening business metrics and favorable quantitative factors. Additionally, the fund employs an options strategy, writing deep out-of-the-money put and call options with short durations (typically 1–7 days) to generate additional income.

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