ZEGA Buy and Hedge ETF (NYSEARCA:ZHDG) Short Interest Up 88.7% in January

ZEGA Buy and Hedge ETF (NYSEARCA:ZHDGGet Free Report) was the recipient of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 2,027 shares, a growth of 88.7% from the January 15th total of 1,074 shares. Based on an average daily trading volume, of 6,267 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 6,267 shares, the days-to-cover ratio is presently 0.3 days.

ZEGA Buy and Hedge ETF Stock Down 0.1%

Shares of NYSEARCA ZHDG traded down $0.02 during midday trading on Friday, reaching $22.31. The company had a trading volume of 3,297 shares, compared to its average volume of 8,890. The stock has a market cap of $33.91 million, a PE ratio of 26.42 and a beta of 0.76. ZEGA Buy and Hedge ETF has a one year low of $18.39 and a one year high of $23.43. The firm’s fifty day moving average price is $22.74 and its 200-day moving average price is $22.59.

ZEGA Buy and Hedge ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 24th were paid a dividend of $0.5805 per share. This represents a dividend yield of 256.0%. The ex-dividend date of this dividend was Wednesday, December 24th.

ZEGA Buy and Hedge ETF Company Profile

(Get Free Report)

The ZEGA Buy and Hedge ETF (ZHDG) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed options strategy that provides S&P 500 equity exposure while attempting to mitigate downside risk. The fund uses options and a broad range of fixed income securities to pursue its investment objective. ZHDG was launched on Jul 6, 2021 and is managed by ZEGA.

Further Reading

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