Short Interest in Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) Decreases By 53.2%

Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 3,689 shares, a decline of 53.2% from the May 31st total of 7,878 shares. Based on an average trading volume of 1,698 shares, the short-interest ratio is presently 2.2 days. Approximately 0.4% of the company’s stock are sold short.

Hedge Funds Weigh In On Day Hagan Smart Sector Fixed Income ETF

An institutional investor recently bought a new position in Day Hagan Smart Sector Fixed Income ETF stock. JPMorgan Chase & Co. bought a new stake in Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 3,302 shares of the company’s stock, valued at approximately $71,000. JPMorgan Chase & Co. owned 0.20% of Day Hagan Smart Sector Fixed Income ETF at the end of the most recent reporting period.

Day Hagan Smart Sector Fixed Income ETF Trading Down 0.3%

NYSEARCA SSFI traded down $0.07 on Tuesday, hitting $21.32. 626 shares of the company were exchanged, compared to its average volume of 19,219. The company has a market cap of $21.96 million, a PE ratio of 7.26 and a beta of 0.26. The stock has a fifty day moving average of $21.40 and a 200-day moving average of $21.48. Day Hagan Smart Sector Fixed Income ETF has a 12 month low of $21.07 and a 12 month high of $21.84.

Day Hagan Smart Sector Fixed Income ETF Company Profile

The Day Hagan\u002FNed Davis Research Smart Sector Fixed Income ETF (SSFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that uses a proprietary model to allocate exposure to fixed income sectors. SSFI was launched on Sep 29, 2021 and is managed by Day Hagan.