ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) Stock Short Interest Report for October

ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 7,069 shares, an increase of 119.0% from the September 30th total of 3,228 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 2,761 shares, the days-to-cover ratio is currently 2.6 days.

ETC 6 Meridian Small Cap Equity ETF Price Performance

Shares of SIXS stock traded down $0.12 on Friday, hitting $57.23. 374 shares of the stock traded hands, compared to its average volume of 4,208. The company has a market capitalization of $143.07 million, a PE ratio of 11.13 and a beta of 0.75. ETC 6 Meridian Small Cap Equity ETF has a 1-year low of $48.08 and a 1-year high of $60.43. The company’s fifty day moving average is $56.73 and its 200 day moving average is $55.51.

ETC 6 Meridian Small Cap Equity ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 30th. Shareholders of record on Wednesday, October 28th were issued a dividend of $0.0919 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.9%. This is a negative change from ETC 6 Meridian Small Cap Equity ETF’s previous monthly dividend of $0.1069. The ex-dividend date of this dividend was Wednesday, October 28th.

About ETC 6 Meridian Small Cap Equity ETF

The ETC 6 Meridian Small Cap Equity ETF (SIXS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is a portfolio of US small-caps with low beta and value characteristics, actively selected from the S&P 600. SIXS was launched on May 11, 2020 and is managed by Meridian.