Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) Sees Significant Growth in Short Interest

by · The Cerbat Gem

Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI – Get Free Report) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 5,353 shares, an increase of 1,552.2% from the November 30th total of 324 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 5,438 shares, the days-to-cover ratio is presently 1.0 days. Based on an average trading volume of 5,438 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.3% of the company’s shares are sold short.

Institutional Investors Weigh In On Day Hagan Smart Sector Fixed Income ETF

A hedge fund recently bought a new stake in Day Hagan Smart Sector Fixed Income ETF stock. JPMorgan Chase & Co. acquired a new position in Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,302 shares of the company’s stock, valued at approximately $71,000. JPMorgan Chase & Co. owned approximately 0.20% of Day Hagan Smart Sector Fixed Income ETF as of its most recent SEC filing.

Day Hagan Smart Sector Fixed Income ETF Stock Up 0.2%

NYSEARCA:SSFI traded up $0.05 on Thursday, reaching $21.77. 3,602 shares of the company’s stock were exchanged, compared to its average volume of 8,955. Day Hagan Smart Sector Fixed Income ETF has a 52-week low of $20.52 and a 52-week high of $21.84. The business has a fifty day moving average of $21.73 and a 200-day moving average of $21.56. The firm has a market capitalization of $35.70 million, a price-to-earnings ratio of 7.26 and a beta of 0.29.

Day Hagan Smart Sector Fixed Income ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 29th were issued a $0.1737 dividend. The ex-dividend date was Monday, September 29th. This represents a $0.69 annualized dividend and a yield of 3.2%.

Day Hagan Smart Sector Fixed Income ETF Company Profile

(Get Free Report)

The Day Hagan\u002FNed Davis Research Smart Sector Fixed Income ETF (SSFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that uses a proprietary model to allocate exposure to fixed income sectors. SSFI was launched on Sep 29, 2021 and is managed by Day Hagan.

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