Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) Short Interest Update

Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 2,910 shares, a drop of 96.2% from the May 31st total of 77,250 shares. Based on an average daily trading volume, of 104,599 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On Bahl & Gaynor Income Growth ETF

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

Bahl & Gaynor Income Growth ETF Stock Performance

Shares of BGIG stock traded up $0.15 during mid-day trading on Thursday, hitting $35.56. The company’s stock had a trading volume of 68,055 shares, compared to its average volume of 97,085. The company’s fifty day simple moving average is $35.02 and its 200-day simple moving average is $33.95. Bahl & Gaynor Income Growth ETF has a 52 week low of $30.14 and a 52 week high of $35.91. The company has a market cap of $2.18 billion, a PE ratio of 22.85 and a beta of 0.55.

About Bahl & Gaynor Income Growth ETF

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.