Short Interest in SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) Declines By 59.8%

SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 4,356 shares, a decline of 59.8% from the May 31st total of 10,835 shares. Based on an average daily trading volume, of 5,683 shares, the short-interest ratio is currently 0.8 days. Currently, 0.1% of the shares of the company are sold short.

SGI Enhanced Market Leaders ETF Price Performance

Shares of NASDAQ:LDRX traded up $0.30 during trading on Monday, reaching $34.89. 4,523 shares of the company’s stock traded hands, compared to its average volume of 11,717. The stock has a market capitalization of $236.55 million, a P/E ratio of 20.50 and a beta of -1.13. SGI Enhanced Market Leaders ETF has a 12 month low of $29.32 and a 12 month high of $36.56. The company has a 50 day moving average of $35.15 and a 200-day moving average of $33.32.

SGI Enhanced Market Leaders ETF Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th will be paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Monday, June 29th.

About SGI Enhanced Market Leaders ETF

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.