Day Hagan Smart Sector International ETF (NYSEARCA:SSXU) Sees Large Decline in Short Interest

Day Hagan Smart Sector International ETF (NYSEARCA:SSXU) was the recipient of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 759 shares, a decline of 89.1% from the April 30th total of 6,953 shares. Based on an average daily volume of 4,940 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

Day Hagan Smart Sector International ETF Stock Performance

Shares of SSXU stock traded up $0.01 during mid-day trading on Thursday, hitting $36.41. The company’s stock had a trading volume of 26,729 shares, compared to its average volume of 12,086. Day Hagan Smart Sector International ETF has a 52-week low of $30.63 and a 52-week high of $37.42. The business has a 50-day moving average price of $35.54 and a 200 day moving average price of $35.40. The stock has a market cap of $34.59 million, a price-to-earnings ratio of 16.57 and a beta of 0.68.

Day Hagan Smart Sector International ETF Company Profile

The Day Hagan\u002FNed Davis Research Smart Sector International ETF (SSXU) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed equity fund-of-funds that aims to outperform its benchmark by over and underweighting geographic regions outside of the US. SSXU was launched on Jul 1, 2022 and is managed by Day Hagan.