SGI U.S. Large Cap Core ETF (NYSEARCA:SGLC) Sees Large Growth in Short Interest

SGI U.S. Large Cap Core ETF (NYSEARCA:SGLC) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 13,275 shares, a growth of 53.2% from the January 29th total of 8,666 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average trading volume of 18,567 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 18,567 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.4% of the company’s shares are sold short.

SGI U.S. Large Cap Core ETF Price Performance

Shares of SGLC traded up $0.34 during mid-day trading on Monday, reaching $39.15. 12,643 shares of the company’s stock traded hands, compared to its average volume of 30,068. The stock’s 50-day moving average is $39.22 and its two-hundred day moving average is $37.66. SGI U.S. Large Cap Core ETF has a 12 month low of $27.48 and a 12 month high of $41.09. The stock has a market cap of $122.93 million, a P/E ratio of 25.16 and a beta of 1.01.

About SGI U.S. Large Cap Core ETF

The Rbb Fund Inc – Sgi U.S Large Cap Core Equity Fund (SGLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed, non-transparent ETF that invests in US large-cap equities firms considered to be within the range of companies in the Russell 1000 and S&P 500 index. The fund utilizes the Blue Tractor non-transparent model. SGLC was launched on Mar 31, 2023 and is managed by Summit Global Investments.