Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG – Get Free Report) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 3,548 shares, an increase of 80.9% from the June 30th total of 1,961 shares. Based on an average daily volume of 126,956 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.
Bahl & Gaynor Income Growth ETF Price Performance
Shares of Bahl & Gaynor Income Growth ETF stock traded up $0.11 during midday trading on Thursday, hitting $36.44. 97,425 shares of the company were exchanged, compared to its average volume of 99,509. The firm has a market cap of $2.21 billion, a P/E ratio of 22.85 and a beta of 0.54. Bahl & Gaynor Income Growth ETF has a 52 week low of $30.43 and a 52 week high of $36.81. The firm has a 50 day simple moving average of $35.68 and a 200-day simple moving average of $34.56.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. AdvisorNet Financial Inc bought a new stake in shares of Bahl & Gaynor Income Growth ETF in the 1st quarter worth about $80,000. Anchor Investment Management LLC bought a new position in Bahl & Gaynor Income Growth ETF during the 1st quarter valued at about $126,000. Lcnb Corp acquired a new position in Bahl & Gaynor Income Growth ETF in the fourth quarter valued at about $226,000. Arkadios Wealth Advisors bought a new stake in Bahl & Gaynor Income Growth ETF during the first quarter worth about $787,000. Finally, Janney Montgomery Scott LLC bought a new stake in Bahl & Gaynor Income Growth ETF during the first quarter worth about $933,000.
About Bahl & Gaynor Income Growth ETF
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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