GraniteShares Autocallable SMCI ETF (NASDAQ:SCA) Sees Significant Drop in Short Interest

GraniteShares Autocallable SMCI ETF (NASDAQ:SCA – Get Free Report) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 3,537 shares, a decrease of 58.3% from the September 30th total of 8,491 shares. Currently, 2.2% of the shares of the stock are sold short. Based on an average trading volume of 13,224 shares, the short-interest ratio is currently 0.3 days.

GraniteShares Autocallable SMCI ETF Stock Performance

Shares of GraniteShares Autocallable SMCI ETF stock opened at $24.84 on Friday. The business’s 50 day moving average is $25.32. GraniteShares Autocallable SMCI ETF has a 1-year low of $18.08 and a 1-year high of $26.81.

GraniteShares Autocallable SMCI ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 9th. Investors of record on Wednesday, October 7th were given a dividend of $0.7827 per share. The ex-dividend date was Wednesday, October 7th. This is a negative change from GraniteShares Autocallable SMCI ETF’s previous monthly dividend of $0.7933. This represents a $9.39 dividend on an annualized basis and a yield of 37.8%.

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