SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) Short Interest Down 57.6% in June

SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 2,574 shares, a drop of 57.6% from the June 15th total of 6,065 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 10,562 shares, the short-interest ratio is currently 0.2 days.

SGI Enhanced Nasdaq-100 ETF Price Performance

Shares of SGI Enhanced Nasdaq-100 ETF stock traded up $0.43 during trading on Tuesday, hitting $32.03. The stock had a trading volume of 5,466 shares, compared to its average volume of 14,360. SGI Enhanced Nasdaq-100 ETF has a 12 month low of $24.75 and a 12 month high of $33.25. The firm’s fifty day simple moving average is $32.00 and its 200-day simple moving average is $29.00. The stock has a market cap of $92.57 million, a PE ratio of 46.85 and a beta of 1.34.

SGI Enhanced Nasdaq-100 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were paid a $0.08 dividend. The ex-dividend date was Monday, June 29th. This represents a $0.32 dividend on an annualized basis and a yield of 1.0%. This is an increase from SGI Enhanced Nasdaq-100 ETF’s previous quarterly dividend of $0.06.

SGI Enhanced Nasdaq-100 ETF Company Profile

The SGI Enhanced Nasdaq 100 ETF (QXQ) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages a portfolio of Nasdaq-listed companies while employing a put-and-call options writing strategy. The fund seeks to generate income from selling short-term options against broad market indices QXQ was launched on Jun 14, 2024 and is issued by Summit Global Investments.