SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) Stock Short Interest Falls 76.4%

SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 2,093 shares, a decrease of 76.4% from the September 15th total of 8,886 shares. Based on an average daily trading volume, of 4,312 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the company’s stock are short sold.

SGI Enhanced Market Leaders ETF Stock Performance

Shares of NASDAQ:LDRX traded down $0.00 during mid-day trading on Tuesday, hitting $37.51. 1,972 shares of the company traded hands, compared to its average volume of 9,086. The firm has a market cap of $260.31 million, a P/E ratio of 20.50 and a beta of 1.13. SGI Enhanced Market Leaders ETF has a 52-week low of $29.65 and a 52-week high of $37.69. The firm’s 50 day simple moving average is $36.85 and its 200 day simple moving average is $35.36.

SGI Enhanced Market Leaders ETF Company Profile

The SGI Enhanced Market Leaders ETF is an actively managed exchange-traded fund that seeks capital appreciation and current income. The fund primarily invests in large-capitalization companies listed within the Russell 1000® Index or S&P 500® Index, focusing on those considered “market leaders” based on strengthening business metrics and favorable quantitative factors. Additionally, the fund employs an options strategy, writing deep out-of-the-money put and call options with short durations (typically 1–7 days) to generate additional income.