Short Interest in U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) Rises By 65.0%

U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) was the target of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 3,347 shares, a growth of 65.0% from the July 30th total of 2,029 shares. Based on an average trading volume of 5,702 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.4% of the shares of the stock are short sold.

U.S. Global Sea to Sky Cargo ETF Stock Down 0.3%

SEA traded down $0.06 during trading on Monday, reaching $19.70. The stock had a trading volume of 4,001 shares, compared to its average volume of 17,084. The firm has a market capitalization of $16.75 million, a price-to-earnings ratio of 4.44 and a beta of 0.80. U.S. Global Sea to Sky Cargo ETF has a 1-year low of $13.37 and a 1-year high of $20.39. The stock has a 50 day moving average of $18.11 and a two-hundred day moving average of $17.41.

U.S. Global Sea to Sky Cargo ETF Company Profile

Guggenheim Shipping ETF (the Fund) seeks investment results that correspond generally to the performance of Delta Global Shipping Index (the Index). The Index is designed to measure the performance of companies listed on global developed market exchanges and consists of companies within the maritime shipping industry. The index provider, Delta Global Indices, LLC, defines the shipping industry to include companies within the business segments of the maritime shipping industry, such as companies deriving revenue from the seaborne transport of dry bulk goods and the leasing and/or operating of tanker ships, container ships, specialty chemical ships and ships that transport liquid natural gas (LNG) or dry bulk goods.