Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) Sees Significant Growth in Short Interest

Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIGGet Free Report) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 41 shares, an increase of ∞ from the April 15th total of 0 shares. Based on an average daily trading volume, of 159,565 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Bahl & Gaynor Income Growth ETF Stock Performance

BGIG traded up $0.06 during midday trading on Monday, reaching $35.18. 176,714 shares of the company were exchanged, compared to its average volume of 90,682. The company’s fifty day moving average price is $34.00 and its 200 day moving average price is $33.33. The company has a market cap of $2.16 billion, a price-to-earnings ratio of 22.85 and a beta of 0.57. Bahl & Gaynor Income Growth ETF has a one year low of $29.14 and a one year high of $35.42.

Bahl & Gaynor Income Growth ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 26th were issued a dividend of $0.051 per share. This represents a c) dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Thursday, February 26th.

Institutional Trading of Bahl & Gaynor Income Growth ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BGIG. Janney Montgomery Scott LLC purchased a new position in Bahl & Gaynor Income Growth ETF during the 1st quarter worth $933,000. Lcnb Corp purchased a new position in Bahl & Gaynor Income Growth ETF during the 4th quarter worth $226,000. Anchor Investment Management LLC purchased a new position in Bahl & Gaynor Income Growth ETF during the 1st quarter worth $126,000. Finally, AdvisorNet Financial Inc purchased a new position in Bahl & Gaynor Income Growth ETF during the 1st quarter worth $80,000.

About Bahl & Gaynor Income Growth ETF

(Get Free Report)

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.

Further Reading

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