Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) Short Interest Update

Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 199 shares, a drop of 55.8% from the July 15th total of 450 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,086 shares, the days-to-cover ratio is presently 0.2 days.

Day Hagan Smart Sector Fixed Income ETF Trading Down 0.1%

Shares of NYSEARCA:SSFI traded down $0.02 during trading on Monday, hitting $21.05. 7,864 shares of the company’s stock traded hands, compared to its average volume of 16,207. Day Hagan Smart Sector Fixed Income ETF has a 52 week low of $20.93 and a 52 week high of $21.84. The company has a market cap of $29.26 million, a price-to-earnings ratio of 7.26 and a beta of 0.26. The company has a 50-day moving average price of $21.23 and a 200-day moving average price of $21.38.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Day Hagan Smart Sector Fixed Income ETF stock. JPMorgan Chase & Co. purchased a new stake in Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 3,302 shares of the company’s stock, valued at approximately $71,000. JPMorgan Chase & Co. owned 0.20% of Day Hagan Smart Sector Fixed Income ETF as of its most recent SEC filing.

About Day Hagan Smart Sector Fixed Income ETF

The Day Hagan\u002FNed Davis Research Smart Sector Fixed Income ETF (SSFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that uses a proprietary model to allocate exposure to fixed income sectors. SSFI was launched on Sep 29, 2021 and is managed by Day Hagan.