Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) Short Interest Up 51,141.5% in May

Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 21,009 shares, an increase of 51,141.5% from the April 30th total of 41 shares. Based on an average daily trading volume, of 135,041 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Bahl & Gaynor Income Growth ETF Stock Performance

Shares of NYSEARCA:BGIG opened at $35.21 on Friday. Bahl & Gaynor Income Growth ETF has a twelve month low of $29.47 and a twelve month high of $35.53. The firm has a market cap of $2.16 billion, a PE ratio of 22.85 and a beta of 0.57. The business has a fifty day moving average of $34.24 and a 200-day moving average of $33.52.

Institutional Trading of Bahl & Gaynor Income Growth ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. AdvisorNet Financial Inc bought a new position in Bahl & Gaynor Income Growth ETF in the first quarter valued at about $80,000. Anchor Investment Management LLC bought a new position in Bahl & Gaynor Income Growth ETF in the first quarter valued at about $126,000. Lcnb Corp bought a new position in Bahl & Gaynor Income Growth ETF in the fourth quarter valued at about $226,000. Arkadios Wealth Advisors acquired a new position in Bahl & Gaynor Income Growth ETF during the 1st quarter valued at about $787,000. Finally, Janney Montgomery Scott LLC acquired a new position in Bahl & Gaynor Income Growth ETF during the 1st quarter valued at about $933,000.

About Bahl & Gaynor Income Growth ETF

The Bahl & Gaynor Income Growth ETF (BGIG) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in US large cap companies with a reliable dividend stream. The fund uses a bottom-up approach to select companies that are perceived to have strong fundamentals BGIG was launched on Sep 15, 2023 and is issued by Bahl & Gaynor.