ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) Short Interest Up ∞ in August

ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 1,142 shares, a growth of ∞ from the August 15th total of 0 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 3,114 shares, the short-interest ratio is currently 0.4 days.

ETC 6 Meridian Low Beta Equity Strategy ETF Trading Down 0.0%

SIXL traded down $0.01 on Wednesday, hitting $39.15. 1,166 shares of the company’s stock were exchanged, compared to its average volume of 4,390. The stock has a fifty day moving average of $39.88 and a two-hundred day moving average of $38.93. The firm has a market cap of $234.85 million, a PE ratio of 17.82 and a beta of 0.55. ETC 6 Meridian Low Beta Equity Strategy ETF has a twelve month low of $35.69 and a twelve month high of $40.92.

ETC 6 Meridian Low Beta Equity Strategy ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 31st. Investors of record on Wednesday, July 29th were given a $0.0564 dividend. This represents a c) dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Wednesday, July 29th.

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.