Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) Short Interest Down 55.8% in July

Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) saw a significant decline in short interest in July. As of July 31st, there was short interest totaling 199 shares, a decline of 55.8% from the July 15th total of 450 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 1,086 shares, the short-interest ratio is presently 0.2 days.

Day Hagan Smart Sector Fixed Income ETF Stock Down 0.2%

Shares of SSFI traded down $0.05 during mid-day trading on Friday, hitting $21.07. 5,963 shares of the company’s stock were exchanged, compared to its average volume of 16,269. The firm has a fifty day moving average of $21.23 and a two-hundred day moving average of $21.38. Day Hagan Smart Sector Fixed Income ETF has a twelve month low of $20.93 and a twelve month high of $21.84. The stock has a market cap of $29.29 million, a price-to-earnings ratio of 7.26 and a beta of 0.26.

Institutional Investors Weigh In On Day Hagan Smart Sector Fixed Income ETF

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

About Day Hagan Smart Sector Fixed Income ETF

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.