Short Interest in Day Hagan Smart Sector ETF (NYSEARCA:SSUS) Expands By 868.9%

Day Hagan Smart Sector ETF (NYSEARCA:SSUSGet Free Report) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 34,746 shares, a growth of 868.9% from the May 14th total of 3,586 shares. Based on an average daily volume of 49,136 shares, the short-interest ratio is presently 0.7 days. Currently, 0.3% of the company’s stock are sold short.

Day Hagan Smart Sector ETF Price Performance

SSUS opened at $54.07 on Wednesday. The business’s 50-day moving average is $52.17 and its two-hundred day moving average is $50.02. Day Hagan Smart Sector ETF has a 1 year low of $43.16 and a 1 year high of $56.34. The firm has a market capitalization of $575.85 million, a PE ratio of 30.46 and a beta of 0.86.

Hedge Funds Weigh In On Day Hagan Smart Sector ETF

An institutional investor recently raised its position in Day Hagan Smart Sector ETF stock. Janney Montgomery Scott LLC raised its stake in Day Hagan Smart Sector ETF (NYSEARCA:SSUSFree Report) by 13.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,124 shares of the company’s stock after purchasing an additional 3,948 shares during the period. Janney Montgomery Scott LLC owned 0.32% of Day Hagan Smart Sector ETF worth $1,593,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Day Hagan Smart Sector ETF Company Profile

(Get Free Report)

The Day Hagan\u002FNed Davis Research Smart Sector ETF (SSUS) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed US fund-of-funds that overweights and underweights 11 US large-cap sectors based on proprietary risk model. SSUS was launched on Jan 17, 2020 and is managed by Day Hagan.

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