Short Interest in Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) Declines By 98.5%

Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) saw a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 1,045 shares, a decrease of 98.5% from the February 12th total of 68,469 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 5,156 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 5,156 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

Strategas Global Policy Opportunities ETF Stock Performance

Strategas Global Policy Opportunities ETF stock traded down $0.30 during midday trading on Tuesday, reaching $35.50. 55,497 shares of the company’s stock were exchanged, compared to its average volume of 13,061. Strategas Global Policy Opportunities ETF has a 52 week low of $26.99 and a 52 week high of $36.84. The firm has a market cap of $70.29 million, a price-to-earnings ratio of 20.47 and a beta of 0.79. The stock’s 50-day simple moving average is $35.81 and its 200 day simple moving average is $34.78.

Strategas Global Policy Opportunities ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were given a $0.9726 dividend. This represents a dividend yield of 285.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Strategas Global Policy Opportunities ETF stock. Jaffetilchin Investment Partners LLC boosted its holdings in Strategas Global Policy Opportunities ETF (NYSEARCA:SAGP) by 3.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,328 shares of the company’s stock after acquiring an additional 413 shares during the period. Jaffetilchin Investment Partners LLC owned 0.75% of Strategas Global Policy Opportunities ETF worth $452,000 as of its most recent filing with the Securities and Exchange Commission.

About Strategas Global Policy Opportunities ETF

The Strategas Global Policy Opportunities ETF (SAGP) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in various global stocks engaged in lobbying activities with the US federal government. SAGP was launched on Jan 24, 2022 and is managed by Strategas.