SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) Shares Shorted: Short Interest Up 109.2% in September

SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ – Get Free Report) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 16,394 shares, an increase of 109.2% from the September 15th total of 7,836 shares. Based on an average daily volume of 6,866 shares, the days-to-cover ratio is currently 2.4 days. Approximately 0.6% of the shares of the company are short sold.

SGI Enhanced Nasdaq-100 ETF Trading Down 0.3%

QXQ stock traded down $0.11 during trading on Tuesday, hitting $33.07. The company had a trading volume of 4,572 shares, compared to its average volume of 13,934. The firm has a market capitalization of $86.64 million, a price-to-earnings ratio of 46.85 and a beta of 1.35. The business has a 50 day moving average of $32.28 and a 200 day moving average of $31.12. SGI Enhanced Nasdaq-100 ETF has a fifty-two week low of $24.75 and a fifty-two week high of $33.91.

About SGI Enhanced Nasdaq-100 ETF

(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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