Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) Sees Significant Increase in Short Interest

Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 2,113 shares, a growth of 74.1% from the July 30th total of 1,214 shares. Based on an average daily volume of 4,931 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s shares are short sold.

Strategas Global Policy Opportunities ETF Stock Down 1.5%

Shares of NYSEARCA SAGP opened at $37.08 on Wednesday. Strategas Global Policy Opportunities ETF has a 52 week low of $32.74 and a 52 week high of $38.32. The firm’s fifty day moving average is $36.68 and its 200 day moving average is $35.70. The company has a market cap of $80.09 million, a price-to-earnings ratio of 20.47 and a beta of 0.73.

Strategas Global Policy Opportunities ETF Company Profile

The Strategas Global Policy Opportunities ETF (SAGP) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in various global stocks engaged in lobbying activities with the US federal government. SAGP was launched on Jan 24, 2022 and is managed by Strategas.