SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) Short Interest Up 144.4% in June

SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 10,648 shares, an increase of 144.4% from the June 15th total of 4,356 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 5,404 shares, the short-interest ratio is presently 2.0 days.

SGI Enhanced Market Leaders ETF Price Performance

Shares of NASDAQ LDRX traded up $0.02 on Thursday, hitting $36.08. The company’s stock had a trading volume of 3,179 shares, compared to its average volume of 11,221. The stock has a 50 day moving average of $35.53 and a 200-day moving average of $33.54. The company has a market capitalization of $248.23 million, a price-to-earnings ratio of 20.50 and a beta of 1.16. SGI Enhanced Market Leaders ETF has a 12-month low of $29.51 and a 12-month high of $36.56.

SGI Enhanced Market Leaders ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, June 29th.

SGI Enhanced Market Leaders ETF Company Profile

The SGI Enhanced Market Leaders ETF is an actively managed exchange-traded fund that seeks capital appreciation and current income. The fund primarily invests in large-capitalization companies listed within the Russell 1000® Index or S&P 500® Index, focusing on those considered “market leaders” based on strengthening business metrics and favorable quantitative factors. Additionally, the fund employs an options strategy, writing deep out-of-the-money put and call options with short durations (typically 1–7 days) to generate additional income.