Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) Short Interest Up 740.4% in March

Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) was the target of a large growth in short interest in March. As of March 31st, there was short interest totaling 6,597 shares, a growth of 740.4% from the March 15th total of 785 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 4,671 shares, the short-interest ratio is presently 1.4 days.

Strategas Global Policy Opportunities ETF Price Performance

SAGP stock traded down $0.42 during mid-day trading on Friday, reaching $34.89. The company had a trading volume of 1,002 shares, compared to its average volume of 10,428. The company has a market capitalization of $73.62 million, a PE ratio of 20.47 and a beta of 0.81. The firm has a 50 day moving average of $35.36 and a 200 day moving average of $34.85. Strategas Global Policy Opportunities ETF has a 12 month low of $28.57 and a 12 month high of $36.84.

Hedge Funds Weigh In On Strategas Global Policy Opportunities ETF

A hedge fund recently raised its stake in Strategas Global Policy Opportunities ETF stock. Jaffetilchin Investment Partners LLC increased its holdings in shares of Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) by 3.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,328 shares of the company’s stock after purchasing an additional 413 shares during the period. Jaffetilchin Investment Partners LLC owned 0.75% of Strategas Global Policy Opportunities ETF worth $452,000 as of its most recent SEC filing.

About Strategas Global Policy Opportunities ETF

The Strategas Global Policy Opportunities ETF (SAGP) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in various global stocks engaged in lobbying activities with the US federal government. SAGP was launched on Jan 24, 2022 and is managed by Strategas.