ETC 6 Meridian Quality Growth ETF (NYSEARCA:SXQG) Sees Large Decline in Short Interest

ETC 6 Meridian Quality Growth ETF (NYSEARCA:SXQG) was the target of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 8 shares, a decrease of 94.6% from the July 15th total of 149 shares. Based on an average daily trading volume, of 1,920 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

ETC 6 Meridian Quality Growth ETF Stock Down 0.4%

Shares of SXQG stock traded down $0.12 on Wednesday, reaching $33.39. The company had a trading volume of 3,076 shares, compared to its average volume of 3,704. The business’s 50-day moving average is $32.02 and its 200 day moving average is $31.64. The stock has a market capitalization of $64.11 million, a PE ratio of 28.56 and a beta of 0.99. ETC 6 Meridian Quality Growth ETF has a one year low of $29.10 and a one year high of $33.92.

ETC 6 Meridian Quality Growth ETF Company Profile

The ETC 6 Meridian Quality Growth ETF (SXQG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund of US-based companies that exhibit high quality and growth characteristics relative to their peers. SXQG was launched on May 10, 2021 and is managed by Meridian.