Short Interest in Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) Expands By 74.6%

Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIGGet Free Report) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 29,946 shares, an increase of 74.6% from the July 30th total of 17,152 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 86,290 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. AdvisorNet Financial Inc acquired a new stake in Bahl & Gaynor Income Growth ETF during the 1st quarter valued at $80,000. Anchor Investment Management LLC acquired a new stake in shares of Bahl & Gaynor Income Growth ETF during the first quarter valued at $126,000. Lcnb Corp purchased a new stake in Bahl & Gaynor Income Growth ETF during the 4th quarter worth about $226,000. Arkadios Wealth Advisors acquired a new position in Bahl & Gaynor Income Growth ETF in the 1st quarter valued at about $787,000. Finally, Janney Montgomery Scott LLC acquired a new position in Bahl & Gaynor Income Growth ETF in the 1st quarter valued at about $933,000.

Bahl & Gaynor Income Growth ETF Price Performance

BGIG traded down $0.15 during midday trading on Tuesday, reaching $36.45. 120,715 shares of the company’s stock were exchanged, compared to its average volume of 101,206. The stock has a market capitalization of $2.21 billion, a PE ratio of 22.85 and a beta of 0.53. The business’s 50-day moving average price is $36.48 and its 200 day moving average price is $35.16. Bahl & Gaynor Income Growth ETF has a 1-year low of $31.14 and a 1-year high of $37.73.

Bahl & Gaynor Income Growth ETF Company Profile

(Get Free Report)

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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