SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) Sees Significant Decrease in Short Interest

SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQGet Free Report) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 1,061 shares, a decrease of 91.2% from the July 15th total of 12,081 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 37,609 shares, the days-to-cover ratio is currently 0.0 days.

SGI Enhanced Nasdaq-100 ETF Stock Down 0.3%

Shares of SGI Enhanced Nasdaq-100 ETF stock traded down $0.11 during trading on Tuesday, hitting $31.90. 12,219 shares of the company were exchanged, compared to its average volume of 15,924. The firm has a 50 day moving average price of $31.70 and a 200 day moving average price of $29.47. The stock has a market capitalization of $93.47 million, a price-to-earnings ratio of 46.85 and a beta of 1.37. SGI Enhanced Nasdaq-100 ETF has a fifty-two week low of $24.75 and a fifty-two week high of $33.25.

SGI Enhanced Nasdaq-100 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were given a dividend of $0.08 per share. The ex-dividend date was Monday, June 29th. This represents a $0.32 dividend on an annualized basis and a yield of 1.0%. This is a boost from SGI Enhanced Nasdaq-100 ETF’s previous quarterly dividend of $0.06.

SGI Enhanced Nasdaq-100 ETF Company Profile

(Get Free Report)

The SGI Enhanced Nasdaq 100 ETF (QXQ) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages a portfolio of Nasdaq-listed companies while employing a put-and-call options writing strategy. The fund seeks to generate income from selling short-term options against broad market indices QXQ was launched on Jun 14, 2024 and is issued by Summit Global Investments.

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