Short Interest in Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) Decreases By 96.2%

Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 2,910 shares, a drop of 96.2% from the May 31st total of 77,250 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 104,599 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Arkadios Wealth Advisors purchased a new stake in Bahl & Gaynor Income Growth ETF in the first quarter valued at approximately $787,000. Anchor Investment Management LLC purchased a new position in shares of Bahl & Gaynor Income Growth ETF during the first quarter worth approximately $126,000. Janney Montgomery Scott LLC acquired a new position in shares of Bahl & Gaynor Income Growth ETF in the 1st quarter valued at $933,000. AdvisorNet Financial Inc acquired a new position in shares of Bahl & Gaynor Income Growth ETF in the 1st quarter valued at $80,000. Finally, Lcnb Corp purchased a new stake in Bahl & Gaynor Income Growth ETF in the 4th quarter valued at $226,000.

Bahl & Gaynor Income Growth ETF Price Performance

Shares of BGIG traded up $0.21 during midday trading on Friday, reaching $35.77. 77,630 shares of the stock were exchanged, compared to its average volume of 96,923. Bahl & Gaynor Income Growth ETF has a twelve month low of $30.15 and a twelve month high of $35.91. The company has a market capitalization of $2.20 billion, a price-to-earnings ratio of 22.85 and a beta of 0.55. The business’s 50-day moving average price is $35.05 and its 200 day moving average price is $33.96.

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.