GraniteShares Autocallable SMCI ETF (NASDAQ:SCA) Stock Short Interest Drops 66.7%

GraniteShares Autocallable SMCI ETF (NASDAQ:SCA – Get Free Report) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 1,972 shares, a decrease of 66.7% from the August 31st total of 5,926 shares. Based on an average daily volume of 3,001 shares, the days-to-cover ratio is currently 0.7 days. Approximately 2.8% of the company’s stock are short sold.

GraniteShares Autocallable SMCI ETF Stock Performance

GraniteShares Autocallable SMCI ETF stock traded up $0.22 during trading hours on Friday, hitting $26.12. The stock had a trading volume of 19,193 shares, compared to its average volume of 1,240. The stock has a 50-day simple moving average of $23.85. GraniteShares Autocallable SMCI ETF has a 12-month low of $18.08 and a 12-month high of $26.81.

GraniteShares Autocallable SMCI ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 11th. Investors of record on Wednesday, September 9th were issued a $0.7933 dividend. This represents a $9.52 dividend on an annualized basis and a yield of 36.4%. The ex-dividend date was Wednesday, September 9th. This is a decrease from GraniteShares Autocallable SMCI ETF’s previous monthly dividend of $0.8104.

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