Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG – Get Free Report) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 77,250 shares, a growth of 267.7% from the May 14th total of 21,009 shares. Based on an average daily trading volume, of 154,581 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are sold short.
Bahl & Gaynor Income Growth ETF Stock Up 0.9%
Shares of Bahl & Gaynor Income Growth ETF stock traded up $0.30 on Thursday, hitting $35.35. The company’s stock had a trading volume of 92,600 shares, compared to its average volume of 95,969. Bahl & Gaynor Income Growth ETF has a 52-week low of $29.77 and a 52-week high of $35.55. The firm has a fifty day moving average price of $34.68 and a 200-day moving average price of $33.74. The company has a market capitalization of $2.17 billion, a P/E ratio of 22.85 and a beta of 0.55.
Institutional Investors Weigh In On Bahl & Gaynor Income Growth ETF
Several institutional investors and hedge funds have recently made changes to their positions in BGIG. Arkadios Wealth Advisors purchased a new stake in shares of Bahl & Gaynor Income Growth ETF in the first quarter valued at $787,000. Anchor Investment Management LLC purchased a new stake in shares of Bahl & Gaynor Income Growth ETF in the first quarter valued at $126,000. Janney Montgomery Scott LLC purchased a new stake in shares of Bahl & Gaynor Income Growth ETF in the first quarter valued at $933,000. AdvisorNet Financial Inc purchased a new stake in shares of Bahl & Gaynor Income Growth ETF in the first quarter valued at $80,000. Finally, Lcnb Corp purchased a new stake in shares of Bahl & Gaynor Income Growth ETF in the fourth quarter valued at $226,000.
Bahl & Gaynor Income Growth ETF Company Profile
The Bahl & Gaynor Income Growth ETF (BGIG) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in US large cap companies with a reliable dividend stream. The fund uses a bottom-up approach to select companies that are perceived to have strong fundamentals BGIG was launched on Sep 15, 2023 and is issued by Bahl & Gaynor.
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