U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) Short Interest Update

U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 4,452 shares, a decrease of 45.0% from the May 14th total of 8,095 shares. Based on an average trading volume of 11,145 shares, the short-interest ratio is currently 0.4 days. Approximately 0.4% of the company’s shares are short sold.

U.S. Global Sea to Sky Cargo ETF Price Performance

SEA traded down $0.27 during trading hours on Tuesday, reaching $17.23. The company’s stock had a trading volume of 9,363 shares, compared to its average volume of 18,510. U.S. Global Sea to Sky Cargo ETF has a fifty-two week low of $13.37 and a fifty-two week high of $17.74. The stock has a market cap of $18.95 million, a PE ratio of 4.44 and a beta of 0.81. The business’s 50-day moving average is $17.31 and its 200-day moving average is $16.26.

About U.S. Global Sea to Sky Cargo ETF

Guggenheim Shipping ETF (the Fund) seeks investment results that correspond generally to the performance of Delta Global Shipping Index (the Index). The Index is designed to measure the performance of companies listed on global developed market exchanges and consists of companies within the maritime shipping industry. The index provider, Delta Global Indices, LLC, defines the shipping industry to include companies within the business segments of the maritime shipping industry, such as companies deriving revenue from the seaborne transport of dry bulk goods and the leasing and/or operating of tanker ships, container ships, specialty chemical ships and ships that transport liquid natural gas (LNG) or dry bulk goods.