Short Interest in ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) Decreases By 84.9%

ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 39 shares, a decline of 84.9% from the May 31st total of 258 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 5,934 shares, the short-interest ratio is presently 0.0 days.

ETC 6 Meridian Low Beta Equity Strategy ETF Stock Down 0.2%

Shares of NYSEARCA:SIXL opened at $38.81 on Friday. The company’s 50 day moving average price is $38.26 and its two-hundred day moving average price is $38.06. ETC 6 Meridian Low Beta Equity Strategy ETF has a 12-month low of $35.69 and a 12-month high of $39.75. The firm has a market cap of $195.21 million, a PE ratio of 17.82 and a beta of 0.57.

About ETC 6 Meridian Low Beta Equity Strategy ETF

The ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of US stocks selected for fundamental factors of growth and low volatility. Securities are equally weighted. SIXL was launched on May 11, 2020 and is managed by Meridian.