SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) Short Interest Down 87.2% in August

SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 2,440 shares, a decrease of 87.2% from the July 30th total of 19,019 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 5,332 shares, the days-to-cover ratio is currently 0.5 days.

SGI Enhanced Market Leaders ETF Price Performance

Shares of NASDAQ:LDRX remained flat at $36.46 during trading on Wednesday. 3,363 shares of the stock were exchanged, compared to its average volume of 10,253. The firm’s 50 day moving average is $35.78 and its two-hundred day moving average is $34.17. SGI Enhanced Market Leaders ETF has a 12 month low of $29.65 and a 12 month high of $37.14. The stock has a market capitalization of $251.21 million, a price-to-earnings ratio of 20.50 and a beta of 1.15.

SGI Enhanced Market Leaders ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were issued a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.4%. The ex-dividend date was Monday, June 29th.

SGI Enhanced Market Leaders ETF Company Profile

The SGI Enhanced Market Leaders ETF is an actively managed exchange-traded fund that seeks capital appreciation and current income. The fund primarily invests in large-capitalization companies listed within the Russell 1000® Index or S&P 500® Index, focusing on those considered “market leaders” based on strengthening business metrics and favorable quantitative factors. Additionally, the fund employs an options strategy, writing deep out-of-the-money put and call options with short durations (typically 1–7 days) to generate additional income.