ETC 6 Meridian Quality Growth ETF (NYSEARCA:SXQG) Sees Large Drop in Short Interest

ETC 6 Meridian Quality Growth ETF (NYSEARCA:SXQGGet Free Report) was the recipient of a large decline in short interest in July. As of July 31st, there was short interest totaling 8 shares, a decline of 94.6% from the July 15th total of 149 shares. Based on an average daily volume of 1,920 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

ETC 6 Meridian Quality Growth ETF Price Performance

NYSEARCA SXQG traded down $0.14 during trading hours on Tuesday, reaching $33.51. The company’s stock had a trading volume of 5,331 shares, compared to its average volume of 3,711. The firm has a market capitalization of $64.34 million, a price-to-earnings ratio of 28.56 and a beta of 0.99. ETC 6 Meridian Quality Growth ETF has a 1-year low of $29.10 and a 1-year high of $33.92. The company’s 50-day moving average is $32.02 and its two-hundred day moving average is $31.64.

About ETC 6 Meridian Quality Growth ETF

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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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