ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) Stock Short Interest Report for September

ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 3,083 shares, a growth of 733.2% from the September 15th total of 370 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 2,520 shares, the days-to-cover ratio is currently 1.2 days.

ETC 6 Meridian Low Beta Equity Strategy ETF Stock Down 0.1%

SIXL opened at $38.45 on Friday. The firm has a 50-day moving average price of $39.17 and a 200-day moving average price of $38.83. ETC 6 Meridian Low Beta Equity Strategy ETF has a twelve month low of $35.69 and a twelve month high of $40.92. The company has a market capitalization of $198.02 million, a price-to-earnings ratio of 17.82 and a beta of 0.55.

ETC 6 Meridian Low Beta Equity Strategy ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were paid a $0.0638 dividend. The ex-dividend date was Monday, September 28th. This represents a $0.77 dividend on an annualized basis and a yield of 2.0%. This is a positive change from ETC 6 Meridian Low Beta Equity Strategy ETF’s previous monthly dividend of $0.0627.

ETC 6 Meridian Low Beta Equity Strategy ETF Company Profile

The ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of US stocks selected for fundamental factors of growth and low volatility. Securities are equally weighted. SIXL was launched on May 11, 2020 and is managed by Meridian.