SGI U.S. Large Cap Core ETF (NYSEARCA:SGLC) Short Interest Up 136.4% in August

SGI U.S. Large Cap Core ETF (NYSEARCA:SGLC) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 44,000 shares, an increase of 136.4% from the July 30th total of 18,611 shares. Based on an average daily volume of 14,663 shares, the short-interest ratio is presently 3.0 days. Approximately 0.9% of the shares of the stock are short sold.

SGI U.S. Large Cap Core ETF Price Performance

Shares of SGLC stock remained flat at $45.72 on Friday. 6,324 shares of the company traded hands, compared to its average volume of 20,358. The stock has a market cap of $212.14 million, a PE ratio of 25.16 and a beta of 1.01. The firm’s 50 day moving average is $44.34 and its two-hundred day moving average is $41.82. SGI U.S. Large Cap Core ETF has a 52 week low of $35.10 and a 52 week high of $46.25.

SGI U.S. Large Cap Core ETF Company Profile

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.