ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA) Short Interest Update

ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 6,127 shares, a decrease of 74.5% from the August 31st total of 24,073 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 9,009 shares, the short-interest ratio is currently 0.7 days.

ETC 6 Meridian Mega Cap Equity ETF Trading Up 0.6%

NYSEARCA SIXA traded up $0.32 during trading on Friday, hitting $57.76. 1,327 shares of the company traded hands, compared to its average volume of 12,839. ETC 6 Meridian Mega Cap Equity ETF has a 12 month low of $48.28 and a 12 month high of $58.52. The business has a fifty day simple moving average of $57.51 and a 200 day simple moving average of $55.58. The company has a market capitalization of $545.83 million, a P/E ratio of 16.86 and a beta of 0.66.

ETC 6 Meridian Mega Cap Equity ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Monday, August 31st. Stockholders of record on Thursday, August 27th were paid a dividend of $0.0283 per share. This represents a $0.34 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Thursday, August 27th.

About ETC 6 Meridian Mega Cap Equity ETF

The ETC 6 Meridian Mega Cap Equity ETF (SIXA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in large-cap US equities selected from the Russell 3000 Index. SIXA was launched on May 11, 2020 and is managed by Meridian.