SGI Enhanced Market Leaders ETF (NASDAQ:LDRX – Get Free Report) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 2,440 shares, a drop of 87.2% from the July 30th total of 19,019 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 5,332 shares, the short-interest ratio is currently 0.5 days.
SGI Enhanced Market Leaders ETF Stock Performance
Shares of NASDAQ LDRX traded down $0.02 during mid-day trading on Friday, reaching $36.72. The company had a trading volume of 680 shares, compared to its average volume of 10,220. SGI Enhanced Market Leaders ETF has a twelve month low of $29.65 and a twelve month high of $37.14. The stock has a market capitalization of $253.00 million, a PE ratio of 20.50 and a beta of 1.15. The stock’s 50 day moving average is $35.83 and its 200-day moving average is $34.23.
SGI Enhanced Market Leaders ETF Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were paid a $0.04 dividend. The ex-dividend date was Monday, June 29th. This represents a $0.16 dividend on an annualized basis and a yield of 0.4%.
SGI Enhanced Market Leaders ETF Company Profile
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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