Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) Short Interest Down 79.4% in August

Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 6,173 shares, a decrease of 79.4% from the August 15th total of 29,946 shares. Based on an average daily volume of 129,774 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On Bahl & Gaynor Income Growth ETF

A number of large investors have recently modified their holdings of the business. AdvisorNet Financial Inc acquired a new position in shares of Bahl & Gaynor Income Growth ETF during the 1st quarter worth $80,000. Anchor Investment Management LLC acquired a new stake in Bahl & Gaynor Income Growth ETF in the first quarter valued at about $126,000. Lcnb Corp bought a new position in Bahl & Gaynor Income Growth ETF in the fourth quarter valued at about $226,000. Arkadios Wealth Advisors bought a new position in Bahl & Gaynor Income Growth ETF in the 1st quarter valued at approximately $787,000. Finally, Janney Montgomery Scott LLC acquired a new stake in Bahl & Gaynor Income Growth ETF during the 1st quarter worth about $933,000.

Bahl & Gaynor Income Growth ETF Trading Up 0.6%

BGIG stock traded up $0.21 during mid-day trading on Friday, hitting $36.34. The stock had a trading volume of 104,361 shares, compared to its average volume of 104,328. The firm has a fifty day simple moving average of $36.61 and a 200 day simple moving average of $35.28. The firm has a market capitalization of $2.20 billion, a P/E ratio of 22.85 and a beta of 0.53. Bahl & Gaynor Income Growth ETF has a 52 week low of $31.52 and a 52 week high of $37.73.

Bahl & Gaynor Income Growth ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 3rd. Shareholders of record on Thursday, July 30th were given a dividend of $0.052 per share. This represents a c) annualized dividend and a yield of 1.7%. The ex-dividend date was Thursday, July 30th.

Bahl & Gaynor Income Growth ETF Company Profile

The Bahl & Gaynor Income Growth ETF (BGIG) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in US large cap companies with a reliable dividend stream. The fund uses a bottom-up approach to select companies that are perceived to have strong fundamentals BGIG was launched on Sep 15, 2023 and is issued by Bahl & Gaynor.