SGI Dynamic Tactical ETF (NASDAQ:DYTA) Short Interest Up 558.6% in May

SGI Dynamic Tactical ETF (NASDAQ:DYTA) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 14,021 shares, an increase of 558.6% from the April 30th total of 2,129 shares. Based on an average daily trading volume, of 8,822 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.4% of the company’s stock are short sold.

SGI Dynamic Tactical ETF Stock Up 0.2%

Shares of NASDAQ:DYTA traded up $0.05 during trading on Friday, reaching $31.43. 3,573 shares of the company traded hands, compared to its average volume of 17,445. The firm has a fifty day simple moving average of $29.70 and a 200 day simple moving average of $29.48. SGI Dynamic Tactical ETF has a 1-year low of $26.96 and a 1-year high of $31.45. The firm has a market cap of $99.63 million, a P/E ratio of 21.31 and a beta of 0.73.

SGI Dynamic Tactical ETF Company Profile

The SGI Dynamic Tactical ETF (DYTA) is an exchange-traded fund that mostly invests in total market equity. The fund is an active fund-of-funds, a non-transparent ETF that seeks capital appreciation by investing in global equity securities while attempting to reduce risk by tactically changing exposure to other asset classes. The fund utilizes the Blue Tractor non-transparent model. DYTA was launched on Mar 30, 2023 and is managed by Summit Global Investments.