ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) Short Interest Update

ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) was the target of a large increase in short interest in December. As of December 15th, there was short interest totaling 1,766 shares, an increase of 394.7% from the November 30th total of 357 shares. Based on an average trading volume of 4,844 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 4,844 shares, the short-interest ratio is currently 0.4 days.

ETC 6 Meridian Low Beta Equity Strategy ETF Stock Down 0.3%

NYSEARCA SIXL opened at $37.18 on Friday. ETC 6 Meridian Low Beta Equity Strategy ETF has a twelve month low of $34.20 and a twelve month high of $38.27. The stock has a market cap of $192.59 million, a P/E ratio of 17.82 and a beta of 0.62. The company’s 50-day simple moving average is $36.73 and its 200 day simple moving average is $36.71.

ETC 6 Meridian Low Beta Equity Strategy ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Tuesday, November 25th were issued a $0.0739 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Tuesday, November 25th. This is a boost from ETC 6 Meridian Low Beta Equity Strategy ETF’s previous monthly dividend of $0.05.

About ETC 6 Meridian Low Beta Equity Strategy ETF

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.