SGI Enhanced Global Income ETF (NASDAQ:GINX) Sees Large Decrease in Short Interest

Posted by Scott Davis on Mar 1st, 2025

SGI Enhanced Global Income ETF (NASDAQ:GINX – Get Free Report) was the target of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 400 shares, a decrease of 97.1% from the January 31st total of 13,700 shares. Based on an average daily trading volume, of 15,500 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On SGI Enhanced Global Income ETF

An institutional investor recently raised its position in SGI Enhanced Global Income ETF stock. Betterment LLC raised its stake in shares of SGI Enhanced Global Income ETF (NASDAQ:GINX – Free Report) by 22.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 49,380 shares of the company’s stock after buying an additional 8,904 shares during the period. Betterment LLC owned about 1.62% of SGI Enhanced Global Income ETF worth $1,272,000 as of its most recent SEC filing.

SGI Enhanced Global Income ETF Stock Up 0.7 %

GINX stock traded up $0.18 during mid-day trading on Friday, reaching $27.36. The company had a trading volume of 9,423 shares, compared to its average volume of 17,557. The stock’s 50-day simple moving average is $26.44 and its two-hundred day simple moving average is $26.62. The stock has a market capitalization of $83.45 million, a P/E ratio of 13.92 and a beta of 0.82. SGI Enhanced Global Income ETF has a one year low of $24.22 and a one year high of $27.54.

SGI Enhanced Global Income ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Thursday, December 19th were issued a $0.5409 dividend. The ex-dividend date of this dividend was Thursday, December 19th.

SGI Enhanced Global Income ETF Company Profile

(Get Free Report)

The SGI Global Enhanced Income ETF (GINX) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of global companies while employing a put-and-call options strategy. The fund seeks to generate income from dividends and selling short-term options. GINX was launched on Feb 29, 2024 and is issued by Summit Global Investments.